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Announced

Completed

Crestone Services completed the acquisition of Americom Technology from Woodbridge.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Majority

United States

Private

Friendly

Multi-Utilities

communications and utility services

Acquisition

Single Bidder

Completed

Synopsis

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Crestone Services, a Denver-based communications and utility infrastructure services company, completed the acquisition of Americom Technology, a provider of communications and utility services throughout the Mountain West, from Woodbridge, a financial services firm. Financial terms were not disclosed. "Joining Crestone accomplishes two important goals for Americom, it ensures the continuation of our successful legacy, and provides us the additional resources to keep up with the increasing demand for our services. Crestone is a great strategic fit, and we are excited for the next 40 years," Pat Richter, Americom Technology President and Founder.

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