AUSTIN, Texas, Oct. 03, 2019 (GLOBE NEWSWIRE) — Y-COM Holdings, LLC (“Y-COM”), a portfolio investment of Cotton Creek Capital and a leading provider of telecommunications and utility infrastructure services in the Southeast, is pleased to announce its acquisition of Cocoa, Florida-based Atlantic Utility Constructors, Inc. (“Atlantic”). Since 2002, Atlantic has been servicing Florida’s leading utilities, providing powerline installation and maintenance services throughout Central and North Florida. The acquisition provides Y-COM further capacity and capabilities in the Florida market, which continues to experience a meaningful level of infrastructure spend.
“Atlantic’s commitment to high quality and safety made it an obvious fit for Y-COM’s continued growth in the utility and power industry,” said Steve Young, President of Y-COM. “We are excited to bring the Atlantic team on board to deliver a full suite of services to our growing customer base throughout Florida.”
Y-COM provides comprehensive telecom, intelligent transportation solutions (“ITS”), water utilities, and power utilities services for customers in twelve locations throughout Florida. Post-acquisition, Atlantic will continue to be led by its current management team, including the founder.
About Atlantic
Founded in 2002, Atlantic Utility Constructors, Inc. is a provider of powerline services, operating out of facilities in Cocoa and Daytona Beach, Florida. Atlantic specializes in distribution line maintenance and installation for a variety of customers throughout Florida.
About Y-COM
Young’s Communications Co., Inc. was founded in 1972 as a contractor for performing wiring for CATV / TV coaxial cable lines; and, today operates as a comprehensive provider of infrastructure services to the telecommunications and utility sectors. Through a commitment to its customers to ensure a quality outcome, Y-COM has expanded its presence and continues to “set the standard” for excellence. For more information, visit Y-COM’s website at www.ycominc.com.
About Cotton Creek Capital
Based in Austin, Texas, Cotton Creek Capital is an operationally-focused private equity firm that focuses on investing in and growing lower middle market companies in manufacturing, value-added distribution, industrial, specialty chemical, building products, food and beverage and business services sectors. The Firm targets businesses with EBITDA between $5 million and $15 million, investing between $10 million and $40 million in equity ranging from buyouts, recapitalizations, buy-and-builds to corporate divestitures. Cotton Creek Capital partners with exceptional management teams, collaborating to develop a focused vision and execution plan based on company-specific objectives. Cotton Creek Capital’s senior investment professionals have invested in and advised privately-held businesses for over twenty years with an active approach that enables Cotton Creek Capital to work in concert with management teams to build market-leading businesses. For further information, visit Cotton Creek’s website at www.cottoncreekcapital.com.
Media Contact:
Kate Boyd
P: 512-412-3306
kboyd@cottoncreekcapital.com
WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released enforcement actions taken against…
As Prepared for Delivery Good afternoon. It’s an honor to welcome President Clinton to Treasury today…
WASHINGTON – Today, as part of the 30th anniversary celebration of the Community Development Financial…
Treasury imposes sanctions on dozens of Russian banks, securities registrars, and finance officials; OFAC issues…
WASHINGTON—Acting Comptroller Michael J. Hsu today testified on the state of the federal banking system…
As Prepared for Delivery Thank you very much for the opportunity to be here today, and…