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Thayer Infrastructure Services, Llc Acquires Dynetek Solutions, Llc

PRIVATEDec 07, 2023

Acquiring Company

Thayer Infrastructure Services

Acquired Company

Dynetek Solutions Inc

WarrenCharlotteUtility System ConstructionUtilities

Description

Thayer Infrastructure Services, LLC ("TIS"), a premier infrastructure services providers in the power, fiber, and wireless communications construction industries, announced today the completed acquisition of Dynetek Solutions, Inc., now Dynetek Solutions, LLC ("Dynetek"). Dynetek excels in horizontal directional drilling (HDD) services, while providing infrastructure installation, upgrade, and maintenance solutions for utility and telecommunications customers throughout the Southeastern U.S. The terms of the Dynetek transaction were not disclosed.

Quick answer

Thayer Infrastructure Services is acquiring Dynetek Solutions Inc, announced December 7, 2023. Thayer Infrastructure Services is based in Warren, Pennsylvania, United States.

How much did Thayer Infrastructure Services pay for Dynetek Solutions Inc?
The deal value was not disclosed.
What does Thayer Infrastructure Services do?
Thayer Infrastructure Services Group (“TIS Group”) is a leading provider of electric utility and telecommunication infrastructure services.
Where are Thayer Infrastructure Services and Dynetek Solutions Inc based?
Thayer Infrastructure Services is based in Warren, Pennsylvania, United States. Dynetek Solutions Inc is based in Charlotte, North Carolina, United States.

Source: Fundz verified event record.

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Company Information

Company

Thayer Infrastructure Services

Location

Warren, Pennsylvania, United States

About

Thayer Infrastructure Services Group (“TIS Group”) is a leading provider of electric utility and telecommunication infrastructure services. The company provides repair, maintenance, installation, and replacement services for electrical distribution infrastructure, fiber-optic networks, and wireless communication networks, including for both small cells and macro-towers. The Company also provides engineering solutions related to these services such as site design, permitting, and preparation services. The business is headquartered in Warren, Michigan and it operates across a growing portion of the industrial Midwest and the Northeastern United States.

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Frequently asked

Who acquired Dynetek Solutions Inc?

Dynetek Solutions Inc was acquired by Thayer Infrastructure Services, based in Warren. The deal was reported on December 7, 2023. Thayer Infrastructure Services Group (“TIS Group”) is a leading provider of electric utility and telecommunication infrastructure services. Thayer Infrastructure Services is privately held and operates in Utility System Construction.

When did Thayer Infrastructure Services acquire Dynetek Solutions Inc?

Thayer Infrastructure Services's acquisition of Dynetek Solutions Inc was reported on December 7, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Dynetek Solutions Inc do?

Founded in 2014, Dynetek provides underground utility solutions. Dynetek believes in providing the highest standard of reliability and quality to complete horizontal directional drilling (HDD) projects safely and on schedule. It is privately held, operating in Utilities, and is based in Charlotte.

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