SRU Electric Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

SRU Electric Inc. - overview

Established

2005

Location

-, IL, US

Primary Industry

Telecoms

About

Based in Illinois, US, and established in 2005, SRU Electric Inc. provides end-to-end services to the communications infrastructure industries. Chris Poteet was the former owner of the company with approximately 4,000 projects completed and over 150 site builds completed as of 2021. In April 2021, SRU Electric Inc.


was acquired by Borgman Capital. The company provides end-to-end solutions that include pre-construction planning, construction management, and logistics, as well as labor and specialized services. SRU Electric Inc. focuses on projects such as raw lands, line and antenna works, and vendor management systems.


Following the acquisition in April 2021, SatTel Broadband, Inc. will partner with Borgman Capital to help AscendTek to provide more capital for the introduction of 5G network infrastructure's new products or services to the market.


Current Investors

Borgman Capital

Primary Industry

Telecoms

Sub Industries

Construction, Telecoms Towers & Infrastructure

Website

www.sruelectric.com

Verticals

Infrastructure

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

SRU Electric Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedSRU Electric Inc.-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.