S&N Communications Acquires Stake Center Locating
KERNERSVILLE, N.C.--(BUSINESS WIRE)--
S&N Communications, a provider of construction and maintenance services to telecomm, cable and utility companies primarily serving the Mid-Atlantic and southeast United States, today announced its acquisition of Stake Center Locating, a fiber optic utility locating service provider with strongholds in Utah, Oregon and California and currently working in 37 states.
With the acquisition of Stake Center Locating, S&N Communications will have the ability to service customers throughout the United States. In addition, both companies will add new capabilities to their menu of services.
“S&N Communications has been aggressively seeking strategic opportunities to expand our capabilities to service telecom and power utility customer, as well as increase our geographic footprint,” said Allen Powell, CEO and President of S&N Communications. “The acquisition of Stake Center Locating perfectly fits the qualifications we were after and will be very advantageous for our company, our customers and our employees.”
According to Powell, both companies brought core capabilities to the table and both have solid reputations for excellence in their markets.
With the acquisition, S&N Communications will be able to offer locating services nationwide. The company will also be able to offer services to Stake Center Locating customers that were not available previously. Among these are construction and maintenance of copper, electric, coax, fiber networks and gas pipeline.
“The synergies that aligned between the two companies are as good as it gets,” said Powell. “We’re excited to get to know the Stake Center customers and will continue to provide them the quality service they have come to expect, with additional advantages that will make our service even more valuable.”
Stake Center leadership also conveyed excitement about the acquisition. “S&N Communications is well known for getting the job done right,” said Cathy Code, former president of Stake Center who will continue working as Stake Center’s head of business development. “Our customers have long been asking for additional services from us, which until now were not within our capabilities. With the acquisition, we will be able to better serve them and meet all their needs. It’s a very exciting time for our team.”
About S&N Communications
S&N is a renowned provider of locating, utilities and infrastructure construction services, with 20 field offices distributed along the east coast. Widely acclaimed for their customer service, talented staff and innovative solutions, S&N has installed more than 22 million feet of fiber optic cable and connected approximately 500,000 homes and businesses with telecom, cable and gas service. To learn more about their many capabilities, please visit www.sncomm.com.
About Stake Center Locating
Stake Center Locating is headquartered in Salt Lake City and is the regional leader in fiber optic locating services in Utah and Oregon. They have been serving their region for more than 15 years. INC magazine has twice named the company on its list of the 500 fastest growing companies in the United States. Additionally, Stake Center has been named three times on the Utah 100 fastest growing companies list. For more information about Stake Center, visit www.sctrl.com.
Copyright Business Wire 2014