PLATINUM EQUITY INVESTS IN TAK COMMUNICATIONS

Funding Rounds

Summary

The company was founded in 2004 by CEO Micah Mauney and established itself as a regional provider of on-premises fulfillment services, including residential and commercial network equipment installations and support. "TAK has built an impressive business with national scale that today provides full end-to-end capabilities across the network deployment value chain," said Platinum Equity Co-President Jacob Kotzubei. "The broadband communications services space is highly fragmented, and TAK has significant room to grow both organically and through additional acquisitions," said Platinum Equity Managing Director Dan Krasner. "Private and public investment is projected to continue flowing into the sector over the next few years, which we believe will only make TAKs value proposition more essential to its current and future broadband customers." "Platinum has extensive experience helping founder-owned businesses leverage our operational expertise and M&A capabilities to maximize their potential," added Krasner.

$ Funding

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Amount - Total raised
Date March 22, 2024 Announcement date
Investors - Lead investors
Company https://takcommunications.com/ Funded company

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