Underground Systems Utility, LLC
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Underground Systems Utility, LLC - overview
Established
1994
Location
Eau Claire, WI, US
Primary Industry
Telecoms
About
Founded in 1994 and based in Wisconsin, US, Underground Systems Utility, LLC operates as a utility contractor that provides construction and installation of telecommunication lines. In July 2024, TD&I Cable Maintenance, LLC, a portfolio company of Tower Arch Capital, acquired Underground Systems. The firm as of July 2024, is led by its founder, Kent Walbeck. Underground Systems provides a range of services including the underground placement of fiber optic cables and conduits using directional drilling, plowing, and trenching methods.
Their expertise extends to the installation of various cable systems such as coaxial, copper, fiber optic, and power cables, as well as pulling and blowing cables in conduit systems. The company mainly serves a diverse client base, including municipalities, private companies, school districts, and telecommunication firms.
Current Investors
TD&I Cable Maintenance, LLC
Primary Industry
Telecoms
Sub Industries
Facilities & Maintenance Services, Construction, Fiber Optics, Telecoms Towers & Infrastructure
Website
www.undergroundsystems.net
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Underground Systems Utility, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Underground Systems Utility, LLC | - |
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