Pfingsten-backed NEC Acquires Eastern Communications, LLC

November 2, 2022

Pfingsten’s portfolio company NEC acquired Eastern Communications, LLC, a Bloomfield, Connecticut-based provider of maintenance, repair and upgrade services for telecommunications infrastructure. The deal—NEC’s third add-on since Pfingsten became majority shareholder in October 2021—closed October 31, 2022; Eastern CEO Steve Slade will retain ownership and join NEC’s executive team as the combined platform expands geographic coverage and service capabilities.

Buyers
NEC, Pfingsten
Targets
Eastern Communications, LLC
Sellers
Eastern Communications owners (including Steve Slade)
Platforms
NEC
Location
Connecticut, United States
Transaction Type
Addon

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