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New Deal


Announced

Audax Group-backed Centerline Communications to acquire Pearson Pelletier Telecom.

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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Canada

electric vehicle chargers

Telecommunications Equipment

Cross Border

Private

Pending

telecommunications networks

Acquisition

Majority

Private Equity

Friendly

Single Bidder

Synopsis

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Audax Group-backed Centerline Communications, an organization specializing in the maintenance of wireless telecommunications networks, agreed to acquire Pearson Pelletier Telecom, a provider of design, construction, and maintenance services on telecommunications networks and electric vehicle chargers. Financial terms were not disclosed. “The combination of Centerline and PPT brings together unparalleled capabilities in critical infrastructure design, build, and maintenance services. Together, we are creating additional value for our employees, customers, and suppliers as we implement our primary business strategy to provide turnkey solutions for all critical infrastructure facilities and networks,” Josh Delman, Centerline CEO.

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