Platinum Equity Invests in TAK Communications
March 22, 2024
Platinum Equity has made a significant investment in TAK Communications, a Sioux Falls-based provider of fiber and broadband network services. The investment will partner Platinum with TAK's current shareholders and management (who retain a significant ownership stake) to support national expansion, operational scaling and potential add-on M&A.
- Buyers
- Platinum Equity
- Targets
- TAK Communications
- Sellers
- TAK's current shareholders and management team
- Industry
- Telecommunications
- Location
- South Dakota, United States
- Transaction Type
- Growth capital
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