About Qualtek Services
Qualtek Services is a Telecommunications company based in Philadelphia (United States) founded in 2012, and was acquired by Brightstar Capital Partners in June 2018. Network engineering and installation services provider. Qualtek Services has completed 8 acquisitions, including BACOM, FN Solutions and Recovery Logistics. Its focus areas include Telecom and Telecom Infrastructure.
Company details
QualTek was founded in 2012 in Philadelphia, United States, and operates in the telecommunications sector. Services encompassing site acquisition, design, construction, engineering, project management, upgrades, and maintenance are delivered for wireless, fixed-line telecom networks, and civil infrastructure. These are managed through subsidiaries including NX Utilities, Empire Telecom, and QualSat, with additional support in staffing, warehousing, and logistics. Velocitel was acquired in December 2017 to broaden capabilities.
- Headquarters Philadelphia, United States
- Stage Acquired
- SectorsTelecommunications
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website qualtekservices.com
- Social LinkedIn
- Acquired by Brightstar Capital Partners (Jun 2018)
- Annual Revenue$753.86 M (USD)23as on Dec 31, 2022
- EBITDA$58.38 M (USD)11as on Dec 31, 2022
- Latest Funding Round$26.67M (USD), Debt – Conventional
Dec 2017
- InvestorsBrightstar Capital Partners
& 1 more
- Investments & AcquisitionsBACOM
& 7 more
- Acquired byBrightstar Capital Partners
(Jun 2018)
Funding Insights of Qualtek Services
- Total Rounds 1
- Last Round Debt – Conventional β $26.67M
- First Round $26.67M
(Dec 2017)
- Investors Count 1
All 1 funding rounds of Qualtek Services with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2017 | $26.67M | Debt – Conventional | β | β |
2 investors in total: 2 institutional.
Investors in Qualtek Services
Qualtek Services has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Brightstar Capital Partners and Kayne Anderson Capital Advisors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm focused on business services, consumer, industrial, government services, and technology sectors | 2015 | brightstarcp.com | New York, United States | |
| kaynecapital.com |
Investor details for Qualtek Services
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of Qualtek Services
3 people are tracked at Qualtek Services (2 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Michael Michini | CFO | Leadership |
Tom Mix | President, Recovery Logistics | Leadership |
August Rider | Corporate Controller | Team |
Complete people profiles for Qualtek Services
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by Qualtek Services
Qualtek Services has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include BACOM, FN Solutions and Recovery Logistics.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of wireless & cable broadband internet, underground construction, and engineering services | urbancable.com | West Chester, United States | 1996 | Oct 2021 | β’β’β’β’ | |
Telecom construction, installation, testing, and maintenance services are provided. | bacom-inc.com | Albuquerque, United States | 2004 | Aug 2021 | β’β’β’β’ | |
Electrical and fiber optic construction services are provided. | fnsolutions.net | Tyler, United States | 2001 | Jan 2021 | β’β’β’β’ | |
Telecom infrastructure service provider | vinculums.com | Irvine, United States | 2000 | Oct 2019 | β’β’β’β’ | |
Infrastructure development services are provided for telecommunications. | verticallimit.com | Wanamingo, United States | 2002 | Apr 2019 | β’β’β’β’ | |
Offers disaster recovery operations, logistics, and support for utilities and agencies during crises. | recoverylogistics.net | Apex, United States | 2006 | Oct 2018 | β’β’β’β’ | |
Network engineering and installation services provider | siteresources.net | Apex, United States | 1998 | Oct 2018 | β’β’β’β’ | |
Wireless network integration services provider | velocitel.com | King Of Prussia, United States | 1987 | Dec 2017 | β’β’β’β’ |
Complete acquisition details for Qualtek Services
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Qualtek Services
11 dated milestones of Qualtek Services across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Qualtek Services is founded.
- Funding First funding round of $26.7M.
- Acquisition Acquires Velocitel.
- Exit Acquired by Brightstar Capital Partners.
- Acquisition Acquires Site Resources.
- Acquisition Acquires Recovery Logistics.
- Acquisition Acquires Vertical Limit.
- Acquisition Acquires Vinculums.
- Acquisition Acquires FN Solutions.
- Acquisition Acquires BACOM.
- Acquisition Acquires Urban Cable Technology.
Top companies in Telecom Infrastructure
3 companies that operate in the same segment as Qualtek Services (Telecom Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cables and components for telecommunication infrastructure are supplied. | 1902 | St. Louis, Missouri, United States | USD 2.72 B | 7,500 | ||
Hardware and software solutions for telecommunications are provided by Nokia. | 1865 | United States | USD 23.37 B | |||
Communications infrastructure is owned, operated, and leased to carriers. | 2014 | Boca Raton, Florida, United States | USD 730 M |
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Frequently Asked Questions about Qualtek Services
Qualtek Services was founded in 2012 and raised its 1st funding round 5 years after it was founded.
Qualtek Services is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Annual revenue of Qualtek Services is $753.86M as on Dec 31, 2022.
QualTek was founded in 2012 in Philadelphia, United States, and operates in the telecommunications sector. Services encompassing site acquisition, design, construction, engineering, project management, upgrades, and maintenance are delivered for wireless, fixed-line telecom networks, and civil infrastructure. These are managed through subsidiaries including NX Utilities, Empire Telecom, and QualSat, with additional support in staffing, warehousing, and logistics. Velocitel was acquired in December 2017 to broaden capabilities.
Qualtek Services has made 8 acquisitions, including BACOM, FN Solutions, and Recovery Logistics.
Qualtek Services has 2 investors. Key investors include Brightstar Capital Partners, and Kayne Anderson Capital Advisors.
Yes. Qualtek Services was acquired by Brightstar Capital Partners in June 2018.
