Hylan Acquires Western Utility and Tetra Tech Utility Construction
HOLMDEL, N.J., July 2, 2018 /PRNewswire/ -- Hylan, a market-leading provider of specialized communications engineering and construction services, today announced that it has acquired the utility field services units of Tetra Tech, Inc.: Western Utility and Tetra Tech Utility Construction (TUC). The transaction closed on June 30, and financial terms of the transaction are not disclosed. Under the terms of the agreement, TUC has rebranded as Hylan West.
Western Utility is a leader throughout Chicago and the surrounding areas, providing communications, electrical, pipeline, water and sewer construction and maintenance services. Western Utility will remain under the same name, brand, and guidance of current President Tim Hayes following closing. Western Utility offers a portfolio of services that is similar to Hylan's, and is particularly strong in civil fiber placement, small cell and DAS, and utility construction.
With the acquisition of TUC, Hylan West performs fiber placement, ODAS and utility construction services across the Greater Phoenix area, Sacramento and Southern California. The company is led by Slade Ottney, TUC's Executive Vice President.
"On behalf of Hylan, we are excited about these two acquisitions and how they strategically contribute to our plans for national growth," commented Robert DiLeo, CEO of Hylan. "Western Utility and TUC nicely complement our existing services and also bring to the growing Hylan family a significant number of skilled and highly talented team members."
"Hylan is an exceptional company in the fiber, wireless and municipal/electrical space. It is a growing company with a blue-chip set of customers," said Tim Hayes, President of Western Utility. "Western Utility is proud to share Hylan's culture, vision and mission, and we are honored to become the Midwest extension of the Hylan family, while continuing to carry on the Western Utility brand and history."
"The rebrand to Hylan West as a result of Hylan's acquisition of TUC creates immediate business opportunities in our current markets and serves as a wonderful extension of the Hylan family in the Western U.S. region," added Slade Ottney. "The company retains TUC's exceptional team and continues to offer quality turnkey services as the company expands."
The acquisition of Western Utility and TUC follows Hylan's completed acquisitions of Down Under Construction and Arcturus Telecom, and extends the company's service reach into additional U.S. markets and enhances its ability to deliver engineering and design work for DAS and small cell deployments. For more information about Hylan, visit www.hylan.com.
About Hylan
Hylan is a leading provider of turnkey communications and electrical infrastructure design, engineering and construction services for wireline, wireless and smart city municipal service operators around the U.S. Hylan was founded over 50 years ago in its flagship market of New York City and today serves a wide variety of end-markets in the Northeast and Mid-Atlantic states, with offices and facilities in New York, New Jersey, Baltimore, Dallas, Philadelphia, and Virginia. In 2016, Hylan received a significant investment from Flexis Capital and TZP Capital Partners to accelerate its growth strategy. Hylan's senior leadership team includes founders Robert DiLeo (CEO), John DiLeo (President) and former AboveNet Chairman and CEO Bill LaPerch (Executive Chairman). For more information visit Hylan.com.
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SOURCE Hylan
