About Qualtek Services
Qualtek Services is a company based in Philadelphia (United States) founded in 2012 was acquired by Brightstar Capital Partners in June 2018.. Qualtek Services has completed 8 acquisitions, including BACOM, FN Solutions and Recovery Logistics.
- Headquarter Philadelphia, United States
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Sectors
Telecommunications
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
$753.86 M23as on Dec 31, 2022
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Net Profit
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EBITDA
$58.38 M11as on Dec 31, 2022
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Latest Funding Round
$26.67 M (USD), Debt – Conventional
Dec 01, 2017
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Investors
Brightstar Capital Partners
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
BACOM
& 7 more
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Acquired by
Brightstar Capital Partners
(Jun 13, 2018)
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Funding Insights of Qualtek Services
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $26.7M
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First Round
First Round
(01 Dec 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2017 | Amount | Debt – Conventional - Qualtek Services | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity firm focused on business services, consumer, industrial, government services, and technology sectors
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
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. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Offers disaster recovery operations, logistics, and support for utilities and agencies during crises.
|
2006 | ||||
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Telecom construction, installation, testing, and maintenance services are provided.
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2004 | ||||
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Infrastructure development services are provided for telecommunications.
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Qualtek Services
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Qualtek Services Comparisons
Competitors of Qualtek Services
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Qualtek Services
When was Qualtek Services founded?
Qualtek Services was founded in 2012 and raised its 1st funding round 5 years after it was founded.
Where is Qualtek Services located?
Qualtek Services is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
What is the annual revenue of Qualtek Services?
Annual revenue of Qualtek Services is $753.86M as on Dec 31, 2022.
What does Qualtek Services do?
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.
How many acquisitions has Qualtek Services made?
Qualtek Services has made 8 acquisitions, including BACOM, FN Solutions, and Recovery Logistics.
Who are Qualtek Services's investors?
Qualtek Services has 2 investors. Key investors include Brightstar Capital Partners, and Kayne Anderson Capital Advisors.
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