TD&I Cable Maintenance and Tower Arch Capital Complete the Acquisition of Underground Systems
Acquiring Company
TD&I Cable Maintenance
Acquired Company
Underground Systems
United StatesSalt Lake CityEau ClaireHardwareSatellite CommunicationOtherHardwareDescription
TD&I Cable Maintenance, LLC and Tower Arch Capital have successfully completed the acquisition of Underground Systems Utility, LLC and Underground Systems Utility Contractors, LLC. This strategic partnership will further solidify TD&I's position as the preeminent provider of underground infrastructure services for the telecom and utility markets across the upper Midwest.
Quick answer
TD&I Cable Maintenance and Tower Arch Capital are acquiring Underground Systems, announced July 10, 2024. TD&I Cable Maintenance is based in United States.
- How much did TD&I Cable Maintenance pay for Underground Systems?
- The deal value was not disclosed.
- What does TD&I Cable Maintenance do?
- TD&I Cable Maintenance is a specialty infrastructure services provider primarily focused on the installation and maintenance of underground and aerial telecom and cable networks and electrical infrastructure.
- Where are TD&I Cable Maintenance and Underground Systems based?
- TD&I Cable Maintenance is based in United States. Underground Systems is based in Eau Claire, Wisconsin, United States.
- Who are the decision-makers at TD&I Cable Maintenance?
- Fundz holds 1 contact at TD&I Cable Maintenance. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Nokia to acquire US optical network firm Infinera in 2.1 billion euro deal, $2.3B (June 28, 2024)
- Nokia's acquisition of Infinera to scale up Optical Networks and accelerate product roadmap (June 27, 2024)
- ScanSource acquires Advantix to launch Integrated Solutions and Services Group (August 16, 2024)
- Liberty Global to Acquire Warner Bros. Discovery's Stake in Formula E Racing Series (June 13, 2024)
Who to call at TD&I Cable Maintenance, and when
When TD&I Cable Maintenance changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day TD&I Cable Maintenance raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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Frequently asked
Who acquired Underground Systems?
Underground Systems was acquired by TD&I Cable Maintenance, based in United States. The deal was reported on July 10, 2024. TD&I Cable Maintenance is a specialty infrastructure services provider primarily focused on the installation and maintenance of underground and aerial telecom and cable networks and electrical infrastructure. TD&I Cable Maintenance is privately held and operates in Hardware.
When did TD&I Cable Maintenance acquire Underground Systems?
TD&I Cable Maintenance's acquisition of Underground Systems was reported on July 10, 2024. TD&I Cable Maintenance, LLC and Tower Arch Capital have successfully completed the acquisition of Underground Systems Utility, LLC and Underground Systems Utility Contractors, LLC. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Underground Systems do?
Founded in 1994 and headquartered in Eau Claire, WI, Underground Systems provides directional drilling, cable plowing, and other related services for the installation and maintenance of fiber optic networks and other critical infrastructure. It is privately held, operating in Hardware, and is based in Eau Claire.
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