November 29, 2022
Translink Corporate Finance in US Dinan advised ENTRUST Solutions Group, a portfolio company of Kohlberg & Company, on the acquisition of Magellan Advisors.
ENTRUST Solutions Group are excited to enter into this partnership with Magellan Advisors who work closely with utilities, municipalities, co-ops, and tribal organisations to build transformational fiber and broadband networks. The company offers turnkey fiber and broadband planning, grant development, engineering, design, deployment, and operations, giving clients a single, integrated solution for network deployment.
Magellan and ENTRUST are complementary companies and their combined capabilities will deliver great value for our clients. This partnership enhances ENTRUST’s capabilities and focus within the fiber broadband and grid modernization markets and expands connectivity one community at a time.
“We are very excited about the addition of Magellan Advisors to the ENTRUST family. This partnership advances our mission to provide meaningful utility infrastructure transformation through grid modernisation and connectivity. Our entire leadership team and partners at Kohlberg & Company are thrilled to further this shared vision through the addition of Magellan,” said Adam Biggam, ENTRUST Solutions Group CEO.
“As we enter this new phase of growth with ENTRUST, we are excited at the opportunity to deliver more value and enhanced capabilities to our markets. Joining the ENTRUST family allows us to expand Magellan’s portfolio of utility infrastructure and fiber broadband services, with greater scale and broader reach. The partnership will expand opportunities for our employees and our customers alike,” said John Honker, President & CEO at Magellan Advisors.
Contact our Team Members advising in this transaction:
Dinan & Company, LLC is the partner firm of Translink Corporate Finance in the United States. It is a leading national M&A and merchant banking services company with over 32 years of advisory experience dedicated to middle-market transactions.