Huron Capital, a middle-market private equity firm, has acquired TriStruX, a national provider of telecom infrastructure services to wireless carriers, cable companies and OEMs.
TriStruX was formed in 2020 following the merger of Telcom Engineering Group, Leone Electric Corporation, and High Point Utilities. The firm provides a range of installation, upgrade and maintenance services including 5G wireless construction, underground and overhead fiber construction and hardware decomissioning.
“TriStruX experienced record growth in 2021 and we are just getting started,” said Randall Muench, TriStruX CEO. “We are laser focused on delivering quality wireless site installations and hundreds of miles of fiber at a scale our clients expect while continuing to be a great place to work for our employees.”
“We are pleased to partner with Randy and team to invest in such a well-regarded and scaled telecom infrastructure services platform that is poised to take advantage of significant secular tailwinds including the roll-out of 5G infrastructure, fiber deployment, and fiber-to-the-home and enterprise investments,” added Jim Mahoney, Huron managing partner. “We believe there’s a meaningful opportunity to continue the Company’s expansion both organically and through acquisition while maintaining its track record of high-quality service delivery and deep focus on safety.”
Honigman LLP served as legal advisor to Huron Capital. Day Pitney LLP served as legal advisor to TriStruX.