SQUAN, an industry leader specializing in telecommunications design/build services for network infrastructure, recently completed the acquisition of ElecComm (ECC), an electric and communications line construction company, based in Wilmington, Massachusetts, known for its commitment and emphasis on safety and quality control. The two companies have begun the process of integrating their operations and services to provide enhanced services for the electric utility and telecommunications infrastructure sectors throughout New England and New York.
“The convergence of power and telecom infrastructure is inevitable. In joining SQUAN, we see a clear path for ECC to support the company’s position as a smart infrastructure services leader,” said Sean Martin, President of ElecComm. “My father, Steve Martin and I have built a solid foundation at ElecComm. The SQUAN acquisition takes our vision to a higher level, adding greater depth of resources across a broader base of clients”.
About SQUAN
SQUAN combines its unique and in-depth knowledge of network engineering and fiber construction to solve complex and evolving telecommunications problems around macro networks, small-cell, DAS, 5G, IoT and smart cities for wireless, wireline and enterprise customers. SQUAN is focused on the evolution of communications networks of all types and how new technologies are changing the landscape of infrastructure. For more information visit: www.squan.com, or contact SQUAN’s Head of Strategy, Keith Pennachio at [email protected].
About ElecComm
ElecComm (ECC) is one of the largest 24x7 underground and overhead high/low voltage electric and communications line construction companies in New England. ECC’s storm response team is available 24x7 for both overhead and underground emergency outages bringing power back to life for customers.
About RFE
RFE Investment Partners is a private equity firm focused on making control investments in established small market companies located in North America. RFE is a long standing Connecticut-based firm founded in 1980 with over 40 years of experience investing in the lower middle market. RFE’s investment strategy is to acquire well-managed and growing small market companies at attractive prices and prepare them for exit to middle market strategic and private equity acquirers. RFE is currently investing out of Fund IX. For more information, please visit www.rfeip.com.