Grain Management-Backed Y-COM Acquires Borecomm

MELBOURNE, Fla.--Young's Communications, a  Florida-based construction services provider to telecommunications, utility, and power infrastructure companies, backed by Grain Management, has completed its acquisition of Borecomm Solutions, an underground telecommunications construction business. 

Headquartered in Florida, Borecomm focuses on fiber-to-the-home (FTTH) construction, using specialized assets, equipment, and a skilled team to meet growing network service needs in the region's residential market.

Y-COM CEO Chad Rasmussen said, "Our new partnership with Borecomm is another compelling catalyst for our business as we gain capacity in new markets with increased demand for residential broadband services.  The assets this acquisition brings will expand our capabilities in underground construction and allow us to better service the companies meeting the FTTH market needs in our service area." 

"The equipment used by Y-COM's growing business is in very high demand," said Nikola Trkulja, Managing Director at Grain, "making this acquisition very exciting for the team.  Through partnerships like Borecomm, Y-COM has skillfully navigated around potential supply chain constraints to maintain the highest standard of quality for its clients. We look forward to continued work together targeting new markets and growing Y-COM's service offering."

Borecomm is the third acquisition for Y-COM since Grain acquired the business last year.  Shutts & Bowen LLP served as legal advisor to Y-COM in this transaction.