logo
logo

Crestone Services Group Acquires Dillie & Kuhn And Agave Underground

Aug 16, 2021•about 4 years ago

Acquiring Company

Crestone Services Group, LLC

Acquired Company

Dillie & Kuhn

Denver

Description

Crestone Services Group, LLC, ("Crestone" or the "Company"), a Denver based communications and utility services company, is pleased to announce the strategic acquisitions of Dillie & Kuhn, Inc ("D&K"), a turnkey communications contractor headquartered in Southern Colorado, and Agave Underground Utility ("Agave") a premier underground specialty contractor located in Phoenix, Arizona.

Company Information

Company

Crestone Services Group, LLC

Location

6145 BROADWAY, SUITE 40

Denver, Colorado, United States

About

Crestone Services Group, LLC, ("Crestone" or the "Company"), was formed in 2015 to develop a leading utility services company pursuing strategic acquisitions in the communications, power, and gas utility markets. To date, the Company has completed thirteen acquisitions of businesses supporting communications carriers and public utility owners. Crestone is a joint investment between Diamond State Ventures, Banyan Investment Partners, Asydan Capital Management, Post Road Group and ORIX Corporation USA's Special Opportunities Group and is led by former Blackeagle Energy Services CEO, Rick Barrett. Further information is available at www.crestoneservices.com SOURCE Crestone Services Group

Related People

Sign in to view contact details

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed