Y-COM

Y-COM Announces Rob Hughart as Chief Executive Officer

Retrieved on: 
Saturday, March 9, 2024

MELBOURNE, Fla., March 9, 2024 /PRNewswire/ -- Young's Communications, LLC ("Y-COM" or the "Company"), a premier Florida-based construction services provider to telecommunications, utility, and power infrastructure companies, backed by Grain Management, LLC ("Grain"), today announced that Rob Hughart, Y-COM's Chief Operating Officer, has been appointed as the company's Interim Chief Executive Officer as part of its transformational growth plan for 2024.

Key Points: 
  • MELBOURNE, Fla., March 9, 2024 /PRNewswire/ -- Young's Communications, LLC ("Y-COM" or the "Company"), a premier Florida-based construction services provider to telecommunications, utility, and power infrastructure companies, backed by Grain Management, LLC ("Grain"), today announced that Rob Hughart, Y-COM's Chief Operating Officer, has been appointed as the company's Interim Chief Executive Officer as part of its transformational growth plan for 2024.
  • Mr. Hughart will take over from outgoing CEO Chad Rasmussen as he steps down to pursue other personal and professional endeavors.
  • Prior to joining Y-COM, Hughart held leadership roles at Tilson Technology, KGPCo, Frontier Communications, Verizon, and Bell Atlantic.
  • We are confident that Rob, as an accomplished operator, will advance Y-COM's already strong leadership team in pursuit of continued growth."

Fiber Broadband Association Awards James Salter for Leadership in Advancing FTTH

Retrieved on: 
Monday, November 6, 2023

The Fiber Broadband Association today announced that it presented the 2023 Dr. Charles Kao Award to James Salter, founder and CEO of Atlantic Engineering Group.

Key Points: 
  • The Fiber Broadband Association today announced that it presented the 2023 Dr. Charles Kao Award to James Salter, founder and CEO of Atlantic Engineering Group.
  • Salter was awarded for his leadership as an early champion of fiber broadband since the early 2000s and for his continued fiber advocacy ever since.
  • Created in 2013 by the FTTH Council Global Alliance (FCGA), Gimme Fiber Day brings recognition to the social and economic benefits of fiber broadband.
  • The Fiber Broadband Association should be congratulated for playing such a huge role in getting us to where we are today.”
    “James’ contributions to the fiber industry have made a lasting impact on the fiber broadband industry.

Highline celebrates the completion of construction in the Thumb!

Retrieved on: 
Friday, September 1, 2023

Highline, Michigan’s premier Internet Service Provider, is pleased to announce the completion of construction of “The Thumb” service area, now offering fiber broadband to over 8,000 households in Sanilac, Tuscola, Lapeer, and St. Clair counties.

Key Points: 
  • Highline, Michigan’s premier Internet Service Provider, is pleased to announce the completion of construction of “The Thumb” service area, now offering fiber broadband to over 8,000 households in Sanilac, Tuscola, Lapeer, and St. Clair counties.
  • While representing fourteen percent of Highline’s total RDOF location commitment, Highline was able to complete this geographic portion of the network in two years rather than by the end of 2027.
  • “This milestone is representative of our ability to execute building fiber networks and delivering an exceptional experience to our customers.
  • Highline currently serves residents' and businesses' communication and internet needs in Michigan, Colorado, Georgia, Kansas, Nebraska, and Texas.

Grain Management-Backed Y-COM Acquires Borecomm

Retrieved on: 
Wednesday, May 18, 2022

MELBOURNE, Fla., May 18, 2022 /PRNewswire/ -- Young's Communications, LLC ("Y-COM" or the "Company"), a premier Florida-based construction services provider to telecommunications, utility, and power infrastructure companies, backed by Grain Management, LLC ("Grain"), announced today that it has completed its acquisition of Borecomm Solutions Inc. ("Borecomm"), an underground telecommunications construction business.

Key Points: 
  • MELBOURNE, Fla., May 18, 2022 /PRNewswire/ -- Young's Communications, LLC ("Y-COM" or the "Company"), a premier Florida-based construction services provider to telecommunications, utility, and power infrastructure companies, backed by Grain Management, LLC ("Grain"), announced today that it has completed its acquisition of Borecomm Solutions Inc. ("Borecomm"), an underground telecommunications construction business.
  • Headquartered in Florida, Borecomm focuses on fiber-to-the-home (FTTH) construction, using specialized assets, equipment, and a skilled team to meet growing network service needs in the region's residential market.
  • Through partnerships like Borecomm, Y-COM has skillfully navigated around potential supply chain constraints to maintain the highest standard of quality for its clients.
  • Borecomm is the third acquisition for Y-COM since Grain acquired the business last year.

Grain Management-Backed Y-COM Acquires FOS

Retrieved on: 
Wednesday, April 6, 2022

Now, with over 35 years in the fiber optic industry, FOS has performed over 4.2 million fusion splices on over 18.5 million fiber miles of cable.

Key Points: 
  • Now, with over 35 years in the fiber optic industry, FOS has performed over 4.2 million fusion splices on over 18.5 million fiber miles of cable.
  • Y-COM CEO Chad Rasmussen said, "FOS brings a specialized and highly skilled team into the Y-COM family.
  • "FOS will be the second acquisition for Y-COM since Grain acquired the business last year and we couldn't be more excited by the progress," said Chad Crank, Managing Director at Grain.
  • "The Y-COM team and Grain have been working together to target new markets, increase customer diversity, and grow its service offering.

Grain Management-Backed Y-COM Acquires AEG

Retrieved on: 
Monday, April 4, 2022

MELBOURNE, Fla., April 4, 2022 /PRNewswire/ -- Young's Communications, LLC ("Y-COM" or the "Company"), a premier Florida-based construction services provider serving telecommunications, utility, and power infrastructure companies, backed by Grain Management, LLC ("Grain"), announced today that it has acquired Georgia-based Atlantic Engineering Group ("AEG"), a high-growth construction services provider to the telecommunications industry. Leveraging an expanded suite of services, the combined business is poised to become an end-to-end full-service solutions provider to fiber companies across their fiber-to-the-premises deployments.

Key Points: 
  • AEG has serviced communities in 32 states across the U.S. and in 11 countries globally, designing, constructing, and managing fiber optic network solutions, aiding clients in the engineering and deployment of fiber-to-the-home ("FTTH") networks.
  • "We value the rich legacy that founder James Salter and his team at AEG brings to our business.
  • Nikola Trkulja, Managing Director at Grain had this to say: "We are excited to see the deepening service offerings and the increasing geographic and customer diversity of Y-COM through the acquisition of AEG.
  • Grain Management, LLC is a leading global investment firm that focuses on broadband infrastructure and technology companies that connect the world to the information economy.

Grain Management-Backed Y-COM Welcomes David Schoenberger as CFO

Retrieved on: 
Wednesday, February 23, 2022

Y-COM is a portfolio company of Grain Management, LLC (Grain), a leading Washington, D.C.-based investment firm focused on the global communications sector.

Key Points: 
  • Y-COM is a portfolio company of Grain Management, LLC (Grain), a leading Washington, D.C.-based investment firm focused on the global communications sector.
  • Schoenberger joins Y-COM with significant executive financial management experience in the telecommunications industry.
  • Most recently, he served as CFO at BTS Towers, a Florida-based builder and operator of telecommunications infrastructure throughout the Latin American region.
  • Schoenberger was also a top financial executive at Verizon, serving as Group CFO and VP Finance of Verizon Information Services and Group CFO and VP Finance at CANTV- Verizons telecommunications business in Venezuela.

Cotton Creek Capital Announces the Sale of Young’s Communications, LLC

Retrieved on: 
Thursday, August 19, 2021

AUSTIN, Texas, Aug. 19, 2021 (GLOBE NEWSWIRE) -- Cotton Creek Capital (Cotton Creek) is pleased to announce the sale of Melbourne, Florida-based Youngs Communications, LLC (Y-COM), a leading provider of infrastructure services to the telecommunications, power, and utility sectors, throughout the Southeastern United States.

Key Points: 
  • AUSTIN, Texas, Aug. 19, 2021 (GLOBE NEWSWIRE) -- Cotton Creek Capital (Cotton Creek) is pleased to announce the sale of Melbourne, Florida-based Youngs Communications, LLC (Y-COM), a leading provider of infrastructure services to the telecommunications, power, and utility sectors, throughout the Southeastern United States.
  • We value the partnership and friendship of Steve and Gary Young and appreciate the Youngs entrusting Cotton Creek with their family business.
  • Cotton Creek Capital partners with exceptional management teams, collaborating to develop a focused vision and execution plan based on company-specific objectives.
  • Cotton Creek Capitals senior investment professional have extensive experience investing in privately held businesses with an active approach that enables Cotton Creek Capital to work in concert with management teams to build market-leading businesses.

Grain Management Acquires Y-COM, A Leading Telecom, Utility, and Power Infrastructure Services Company

Retrieved on: 
Thursday, August 19, 2021

(Y-COM or the Company), a premier Florida-based construction services provider serving telecommunications, utility, and power infrastructure customers in Florida and the southeast United States.

Key Points: 
  • (Y-COM or the Company), a premier Florida-based construction services provider serving telecommunications, utility, and power infrastructure customers in Florida and the southeast United States.
  • View the full release here: https://www.businesswire.com/news/home/20210819005159/en/
    Founded in 1972 as a cable wiring contractor, Y-COM has grown into an essential construction services provider, building, maintaining, and upgrading telecommunications, power, and utility infrastructure.
  • The timing is right as the country turns its attention to strengthening essential infrastructure, especially broadband internet, said David Grain, founder and CEO of Grain.
  • Grain Management, LLC is a leading private investment firm that focuses on broadband infrastructure and technology companies that connect the world to the information economy.