Dycom Industries acquired Communication Services, Inc. for approximately $9.0 million plus ~$0.9 million assumed capital leases, a transaction completed in November 2010, structured as cash. The deal was a Asset purchase.
Communication Services, Inc. operates in Telecommunications infrastructure services, is based in Southeastern & South Central U.S.. Dycom acquired certain assets and assumed certain liabilities of Communication Services, Inc. on November 19, 2010, for about $9.0 million paid from cash on hand plus ~$0.9 million of assumed capital lease obligations. It provided outside-plant construction services to telecom companies in the Southeastern and South Central U.S.
Advisory firms were not disclosed for this transaction.