Washington, DC, October 26, 2018 – FOCUS Investment Banking, a national middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, announced today that Southern Diversified Technologies, Inc. (SDT) has been acquired by UniTek Global Services, Inc. FOCUS represented SDT in this transaction.
Established in 1993 and headquartered in Brookhaven, Mississippi, SDT is a telecommunication infrastructure services firm with services that include network planning, design, development, installation, test, turn-up and maintenance for both wireline and wireless carriers.
UniTek Global Services is a communications solutions firm, providing end-to-end, world-class solutions to its clients. Its customers are in the wireless, satellite and cable sectors.
Charlie Smith, Chief Executive Officer of SDT, commented, “SDT wanted to find a partner that would support our company’s continued growth. FOCUS’ industry expertise played a big role in helping us find that partner, and they supported us throughout the entire transaction process.”
Rich Pierce, FOCUS Managing Director, stated, “Telecom engineering and construction companies like SDT are benefiting from growing demand for their services as network operators make significant investments in both wireline and wireless networks. These favorable industry dynamics drive significant interest from acquirers in well-run companies such as SDT.”
Dave Freeland, a Principal at FOCUS, added, “We were delighted to have the opportunity to work with the SDT team on this transaction, and were glad that we could help them achieve a result that satisfied their strategic goals.”
*These testimonials may not be representative of the experience of all clients; testimonials are not a guarantee of future performance or success.
About FOCUS Investment Banking LLC
With more than three decades of experience, FOCUS Investment Banking is a trusted name in M&A advisory services worldwide. FOCUS works to understand each client’s strategic and financial objectives, craft the best plan to achieve these goals, and deliver success. Whether helping to sell, buy, or raise capital, FOCUS strives to maximize the value of every transaction to the benefit of its clients. Securities transactions conducted by FOCUS Securities LLC, an affiliated company, registered Broker Dealer member FINRA/SIPC. For more information on FOCUS and its Telecom practice, please visit www.focusbankers.com/telecom.