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New Deal


Announced

Mobile Communications America to acquire Communications Electronics.

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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communications provider

Majority

Single Bidder

Friendly

United States

Acquisition

Domestic

Private

Pending

Telecommunications Equipment

Synopsis

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Mobile Communications America, a provider of wireless communication solutions, agreed to acquire Communications Electronics, a full-service communications provider. Financial terms were not disclosed. "Forty-six years ago, Ruth and Glenn Cassell founded Communications Electronics with the mission to make a difference for our customers, employees, and the community. Since then, three generations of our family, and the entire CE family of dedicated employees, have been committed to maintaining their high standards. We are delighted to join the MCA family and grow that mission on a broader scale. With the same service-first mentality and with access to more resources, we look forward to expanding our services to both new and existing customers in the Mid-Atlantic market and beyond," Roger Cassell, Communications Electronics President and CEO.

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