PLATINUM EQUITY INVESTS IN TAK COMMUNICATIONS
LOS ANGELES, March 22, 2024 /PRNewswire/ -- Platinum Equity announced today a significant investment in TAK Communications, a national provider of communications and broadband infrastructure services. Financial terms were not disclosed.
- Firm to partner with TAK's current shareholders and management team, which will continue as equity partners in the business
LOS ANGELES, March 22, 2024 /PRNewswire/ -- Platinum Equity announced today a significant investment in TAK Communications, a national provider of communications and broadband infrastructure services. - Headquartered in Sioux Falls, South Dakota, TAK provides fiber and broadband network services, last-mile connectivity and on-premises technology deployment solutions for the broadband and telecommunications industries.
- "TAK has built an impressive business with national scale that today provides full end-to-end capabilities across the network deployment value chain," said Platinum Equity Co-President Jacob Kotzubei.
- "The broadband communications services space is highly fragmented, and TAK has significant room to grow both organically and through additional acquisitions," said Platinum Equity Managing Director Dan Krasner.