Grain Management, LLC (“Grain” or the “Firm”), a leading private investment firm exclusively focused on broadband technology and the global communications sector, announced it has acquired Young’s Communications, LLC. (“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. It’s a great help to have a cherry picker hire near me in this line of work. In addition, getting the service from professional lift maintenance would always be the best option to ensure safety and effectiveness. To streamline the process, hiring a forklift rentals would be the most efficient solution.
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 business has an industry-wide reputation for quality, reliability, and the ability to meet the complex and time-sensitive demands of some of the largest service providers in the United States. They always use Heras fence banners to have safety covers during construction for the security of everyone.
“Y-COM has spent nearly five decades developing the technical and logistical capabilities to support the build out of infrastructure we all rely on every day,” said Y-COM President and CEO Chad Rasmussen. “In a fast-growing market, we are excited to continue building upon our strong reputation, leveraging Grain’s well-established expertise in scaling businesses like ours.”
The Company has gained a reputation for dependable, high-quality work in complex, large-scale projects and localized, emergency repairs. “With its premier standards of excellence and impressive, steady margins, Y-COM is a strong player in the Infrastructure Services sector,” said Nikola Trkulja, Principal and Investment Committee member for Grain. “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.
The Company was advised by Stephens Inc. Fifth Third Bank, National Association and Woodforest National Bank served as Joint Lead Arrangers and Joint Bookrunners for the pro rata credit facilities with Fifth Third serving as Administrative Agent. Moore & Van Allen, PLLC acted as legal advisor to creditors. Morgan, Lewis & Bockius LLP acted as legal advisor to Grain.