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Sector

Industrial Services

Industry

Telecommunications & Utility Services

Transaction Type

Minority Recapitalization

Status

Current Investment

Business Description

ElectriCom is a leading provider of aerial, underground, wireless, and right-of-way installation and maintenance services to the telecommunications and utility industries across the United States. The company serves national carriers, municipalities, local exchange carriers, and member-owned cooperatives, and is a trusted partner in the deployment of fiber-optic and other broadband connectivity solutions alongside power and gas mainline services.

Transaction Overview

Management of this privately held business wished to partner with a growth-oriented financial sponsor who could help achieve the company’s goals. KLH Capital structured a transaction to facilitate a partial liquidity event for the current shareholders while providing capital to support management’s growth initiatives.