Greenhall Capital Partners acquires telecom contractor Johnson Communications

Greenhall Capital Partners, a private equity firm that pursues buyouts in the middle market, is acquiring Johnson Communications, a specialist in rural fiber network deployments.

Financial terms of the deal were not disclosed.

Through its growth improvement method, Valued Management for the Future (V.M.F.)®, Greenhall will seek to create immediate value by providing Johnson with additional support, resources and financial capabilities to advance its mission of providing unmatched design and engineering, construction, installation, maintenance, and project management solutions to its customers and pursue further growth across its business operations.

Greenhall specializes in buyouts that are often driven by operational, transactional, and/or structural value. The firm has a proven track record of transforming businesses through infusions of equity capital, talent and operational expertise to help position them for future growth. Within the telecommunications industry, Greenhall previously invested in and exited a telecommunication services company, which maintained 12 offices and employed more than 750 employees across the U.S.

Since its founding in 2000, Johnson Communications has provided services to two significant federally backed cooperatives, the $42.5 billion Broadband Equity, Access, and Deployment program (BEAD) and the $20 billion Rural Digital Opportunity Fund (RDOF).

Johnson’s support for the rural fiber-optic telecom market is supported by a management team of veteran industry professionals, many of whom have been with the company for more than 15 years, and a deep bench of dedicated field employees. The company has expertise in building fiber networks in aerial and underground formats.

After the acquisition is complete, Johnson’s CEO, Chad Johnson and his existing management team will remain intact and continue to oversee the Company’s business operations on a day-to-day basis from its headquarters in Alvarado, Texas.

Chad Johnson, Founder and Chief Executive Officer of Johnson Communications, said, “Curtis Ofori and Otis Ofori from Greenhall share our core values and are committed to helping us achieve our long-term objectives, while maintaining our customer-focused approach.”

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