Announced
Completed
Financials
Sources
Tags
Private Equity
technology solutions
Acquisition
Completed
Single Bidder
Majority
Friendly
Private
data communications
IT Services: Other
United States
Domestic
Synopsis
Abacus Investments, a lower middle-market focused private equity firm, completed the acquisition of Network Controls & Electric, a full-service provider of structured cabling, outside plant, wireless, access controls, surveillance systems, communications and technology infrastructure. Financial terms were not disclosed. “It was a pleasure working with Genesis Capital and they were truly instrumental in facilitating this deal. The team at Genesis Capital partnered with us every step of the way to make sure we secured the ideal partner to meet our near-term objectives as well as enable the continued long-term growth of the Company," Ed Niles, Network Controls CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.