Greenhall Capital Partners, LLC ("Greenhall"), an operationally-focused control private equity firm that pursues buyouts in the middle market, today announced that it has entered into an agreement to acquire Johnson Communications, LLC ("Johnson" or the "Company"), a leading digital infrastructure wireless service provider that specializes in rural fiber-optic telecom deployment. Terms of the transaction were not disclosed.
The acquisition recognizes Johnson's outstanding track record, strong geographic footprint, and proven ability to strategically and successfully scale its business over the long term. Greenhall, through its growth improvement method, Valued Management for the Future (V.M.F.)®, will seek to create immediate value by providing Johnson with additional support, resources and financial capabilities to advance its mission of providing unmatched design and engineering, construction, installation, maintenance, and project management solutions to its customers and pursue further growth across its business operations.
Established in 2000, Johnson Communications serves as a telecom service provider to two significant federally backed cooperatives, including the $42.45 billion Broadband Equity, Access and Deployment program and the $20 billion Rural Digital Opportunity Fund. The Company has continually set the gold standard in the rural fiber-optic telecom industry with its unwavering commitment to operational excellence underpinned by a strong management team of veteran industry professionals, many of whom have been with the Company for more than 15 years, and a deep bench of dedicated field employees. Johnson has consistently forged strong partnerships with its customers by delivering superior performance, innovative engineering and unparalleled expertise in deploying fiber-optic telecommunications networks in aerial and underground formats.
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Greenhall