Associated Diversified Services, a Hartselle, Alabama-based powerline maintenance and construction services company serving the Southeastern United States, has received a strategic investment of undisclosed amount from Huntsman Gay Global Capital, a middle market private equity firm.
Diversified will use the proceeds from the investment to strengthen its ability to deliver its four primary services:
– overhead distribution,
– underground distribution,
– transmission construction,
– broadband over powerline.
The company provides the above mentioned services to more than 40 public and private utility companies, as well as government entities, across 15 states.