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Announced

Completed

Oaktree Capital Management completed the acquisition of ITG Communications.

Financials

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

Tags

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Single Bidder

United States

Friendly

telecommunications

Private

Majority

Acquisition

construction and project management services

Private Equity

customer service

Domestic

wired telecommunications

Telecommunications Services: Other

Completed

Synopsis

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Oaktree Capital Management, a company specializing in alternative investments, completed the acquisition of ITG Communications, a provider of installation, fulfillment, construction and project management services to the cable, telecommunications and utility industries. "ITG is a recognized industry leader, serving the growing critical infrastructure end-market. We are excited to partner with Peter, Michael, Chris, and their talented team, and look forward to building on the strong foundation they’ve developed by leveraging Oaktree’s resources and relationships,” Jimmy Lee, Oaktree Managing Director.

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