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New Deal


Announced

Completed

New Mountain Capital completed the investment in Pearce Services.

Financials

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Transaction Value-
Consideration TypeCash
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Capital Bid For-
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EV/EBITDA-
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Tags

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telecommunications infrastructure company

Majority

Telecommunications Equipment

Acquisition

Single Bidder

Completed

Private Equity

Friendly

United States

Private

Domestic

Synopsis

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New Mountain Capital completed the investment in Pearce Services, a provider of telecommunications infrastructure maintenance, repair, and engineering. Financial terms were not disclosed. "New Mountain is the ideal partner for Pearce as we enter our next stage of growth. This is an exciting time in Pearce’s history, and we are confident that New Mountain’s proven track record of business building and supporting management teams will help us accelerate the business organically and become the employer and acquiror of choice in the industry. We look forward to our partnership and the benefits it will yield for our customers, employees, and industry partners," Bret Forster, Pearce CEO.

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