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New Deal


Announced

Orix-backed Nat Tech to acquire fiber network engineering business from Precision Design Services.

Synopsis

Orix-backed Nat Tech, the wholly-owned operating subsidiary of NTI Connect, a nationwide provider of mission-critical deployment services, agreed to acquire fiber network engineering business from Precision Design Services, a provider of design, engineering, and project management for telecommunications and data communications systems. Financial terms were not disclosed. "The acquisition of PDS aligns with NTI’s strategy to expand our engineering services capabilities. Providing both fiber network engineering and fiber optic deployment services to all of our national customers in the important New York City area has been a top priority for us, and now we are in a strong position to deliver these capabilities to our clients in this market," Jim Estes, NTI CEO.

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