Huron Capital-backed TriStruX Acquires Hess Broadband

Huron Capital Acquires TriStruX

December 23, 2021

Infrastructure

Huron Capital completed the acquisition of TriStruX, a national provider of telecom infrastructure services formed from the 2020 merger of Telcom Engineering Group, Leone Electric Corporation and High Point Utilities. The deal creates a telecom infrastructure services platform to support 5G and fiber deployment nationwide, with TriStruX founders remaining in management and holding minority stakes.

Vortex Companies Acquires Tri-State Utilities and Pipe Vision from National Underground Group

December 13, 2024

Industrial Services

Vortex Companies, LLC has acquired Tri-State Utilities and Pipe Vision from National Underground Group, a portfolio company of ORIX Capital Partners. The Virginia-based businesses provide trenchless pipeline rehabilitation, pipe cleaning and inspection services and will expand Vortex's capabilities and geographic footprint across the Mid-Atlantic and Southeastern United States. Financial terms were not disclosed.

Triage Partners Acquires Benton Technical Services and J. Carlson Services

January 6, 2026

Telecommunications

Broadtree Partners portfolio company Triage Partners has acquired Benton Technical Services and J. Carlson Services, two turnkey telecommunications services providers specializing in fiber/FTTH and OSP construction. The add-on acquisitions expand Triage's fiber buildout, installation, splicing, and repair capabilities and position the combined business to offer full turnkey solutions to telecom operators, electric cooperatives, and broadband providers across the United States.

Highline Acquires Fiber Assets and ISP Business from 906 Technologies, LLC

January 7, 2025

Telecommunications

Highline has acquired the fiber assets and ISP business of 906 Technologies, LLC, including internet customers and outside plant & construction employees in Marquette County, Michigan. The deal expands Highline's FTTP footprint across Michigan's Upper Peninsula and transfers ISP operations to Highline while allowing 906 Technologies to focus on its network and technology service clients.

Hexatronic Group AB Acquires Fibron BX Limited from Rubicon Partners

August 1, 2023

Manufacturing

Hexatronic Group AB has acquired Fibron BX Limited, a UK-based manufacturer of harsh-environment electro-optical and subsea umbilical cables, from private equity owner Rubicon Partners. Fibron, headquartered in Hoddesdon, Hertfordshire with about 114 employees and a 7,200 sqm production facility, will continue to be led by its existing management team.

Borgman Capital Acquires SRU Electric and SatTel Broadband (added to AscendTek)

April 27, 2021

Telecommunications

Borgman Capital acquired SRU Electric, Inc. and SatTel Broadband, Inc., adding both telecommunications infrastructure contractors to its AscendTek platform. The add-on acquisitions expand AscendTek’s geographic footprint and capabilities to support accelerated 5G network infrastructure rollouts across the U.S.