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Synopsis
The Carlyle Group-backed USTC, a value-added distributor of telecommunications materials, supply chain solutions, and technical expertise, completed the acquisition of Comstar Supply, a distributor of outside plant material and equipment for the broadband industry. Financial terms were not disclosed. "We’re thrilled to welcome the Comstar Supply team to the USTC family. Together we can help solve our customers’ toughest problems with our combined world-class distribution capabilities, technical and engineering expertise, and best-in-class supply chain and logistics solutions needed to quickly support network deployments, upgrades, and maintenance, and further expand our one stop shop offerings across our enhanced footprint. Our capabilities, end-to-end solutions, and comprehensive product catalog, along with our seven distribution locations across the US enable us to offer the flexibility and reliability needed to support our customers on a regional and national scale with the added benefit of global purchasing power," Cédric Varasteh, USTC Founder and CEO.
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