Dycom Industries acquired Cavo Communications, Inc. for approximately $5.5 million plus ~$0.9 million assumed capital leases, a transaction completed in March 2007, structured as cash. The deal was a Asset purchase.
Cavo Communications, Inc. operates in Telecommunications/cable infrastructure services. Dycom acquired certain assets and assumed certain liabilities of Cavo Communications in March 2007 for about $5.5 million plus roughly $0.9 million of assumed capital leases. Cavo provided specialty contracting services for leading cable multiple-system operators.
Advisory firms were not disclosed for this transaction.