Kane Infrastructure Services Holdings, LLC, a holding company formed to partner with leading providers of technology, communications, utility and related infrastructure services, today announced its acquisition of Premiere Communications & Consulting, LLC.
Headquartered in Scottsdale, Arizona, through its operating subsidiaries Kane maintains a nationwide footprint, offering a complete range of structured cabling, outside plant/utility, and related infrastructure services.
John Donnelly, president of Kane, commented, "We are thrilled to add Premiere to the Kane family to help expand our presence in the Carolinas. We are strong believers in the growth prospects of the region and look forward to helping Premiere continue providing quality services for its blue-chip customer base."
Premiere was founded in 1996 in Raleigh, North Carolina and has grown to add offices in Charlotte, Charleston, and Myrtle Beach. Over time, the firm has grown into one of the leading communications infrastructure services providers in the Carolinas.
With its roots in the Research Triangle, Premiere services high-growth end markets such as data centers, laboratories, universities, and enterprise technology networks, amongst others. The company's full range of design, build, and maintenance capabilities provides customers with a technology partner that can handle all facets of network infrastructure requirements.
Jeff Woodlief, co-owner and president of Premiere, said, "From the start, we saw a lot of similarities between ourselves and the Kane team. We were drawn to the Kane culture and believe we have found the right partner to help continue growing our business."
The acquisition of Premiere Communications & Consulting represents Kane's second acquisition in the past year, as it continues to expand its nationwide reach. Kane is portfolio company of Aterian Investment Partners.
Daniel Phan, managing director at Aterian, concluded, "We are excited to see Kane acquire another founder-owned regional leader. Within a year, the Kane team has deepened their national presence and we look forward to continuing to add on to the family of companies at Kane."
Neal, Gerber & Eisenberg, LLP advised Kane in the transaction.
In another recent acquisition expanding an information and communication technology (ICT) provider's footprint into the North Carolina Research Triangle and Charlotte markets, Corbett Technology Solutions, Inc. (CTSI), a portfolio company of Wind Point Partners, announced its acquisition of Collaborative Technology Solutions, LLC (CTS), a provider of audiovisual, security and other highly engineered low-voltage platforms, just under one year ago.
