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Huron Capital Closes Acquisition of US Telecom Infrastructure Services Firm TriStruX.

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Vincent

MANews-(C)2009-2021

US-based private equity firm Huron Capital has completed the acquisition of US-based telecom infrastructure services TriStruX, serving wireless carriers, cable companies, and OE, the firm said.

Clifton, New Jersey-based TriStruX was formed by the 2020 merger of Telcom Engineering Group, Leone Electric Corp, and High Point Utilities.

The majority owners of these businesses, Frank Pena, Nick Leone, Craig Langenbach, and Scott Palmenberg will remain in key management roles and maintain minority equity stakes in the company under Huron ownership.

Huron Managing Partner, Jim Mahoney and industry veteran, Gene Callahan will join the company's board of directors. Randall P. Muench will continue to serve as CEO.

Operating throughout the United States, TriStruX provides a range of installation, upgrade, and maintenance services including macro cell towers and 5G wireless construction, underground and overhead fiber construction, and hardware decommissioning to the leading US-based telecommunications and cable companies.

TriStruX has experienced strong organic growth expanding its business in the Northeast, California, Southeast and...

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