Calera Capital acquired Thayer Power & Communication, a Columbus, Ohio-based provider of mission critical repair, maintenance, and upgrade services for the utility and telecommunications industries, in partnership with management.
The terms of the deal were not disclosed.
CEO Tim Luden and the entire Thayer organization continue to grow the business.
Founded in 1964, Thayer Power & Communication is a provider of mission critical repair, maintenance, and upgrade services for the utility and telecommunications industries. The company operates in three primary lines of business: electric utility services, fiber placement and other wireline telecommunications services, and small cell site deployment and related wireless services. Thayer offers its services across a large regional area including the central Midwest, Northeast, and Southeast United States.