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Announced

Completed

Grain Management-backed Young's Communications completed the acquisition of Atlantic Engineering Group.

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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Private

United States

telecommunications engineering

Friendly

Completed

Majority

Acquisition

construction services provider

Domestic

Single Bidder

Telecommunications Services: Other

Private Equity

Synopsis

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Grain Management-backed Young's Communications, a premier Florida-based construction services provider serving telecommunications, utility, and power infrastructure companies, completed the acquisition of Atlantic Engineering Group, a high-growth construction services provider to the telecommunications industry. Financial terms were not disclosed. "Y-COM continues to stay focused on its mission of achieving meaningful growth by identifying compelling strategic opportunities like this. We value the rich legacy that founder James Salter and his team at AEG brings to our business. We are truly excited about the prospect of moving forward as one company, offering a broad collection of services as we scale our operations and extend into new geographies," Chad Rasmussen, Y-COM CEO.

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