XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

On July 1, 2026, UniTek Global Services, Inc., a prominent digital infrastructure services provider, announced its acquisition of Concurrent Utility Services LLC, a licensed general and electrical contractor. The deal, which was facilitated by XLCS Partners, Inc. as the exclusive M&A advisor to Concurrent, involved an undisclosed transaction value. This acquisition is expected to enhance UniTek's Power Services Division, which was launched in July 2025 to expand the company's offerings in the power sector.

Concurrent Utility Services, headquartered in Miami, Florida, specializes in infrastructure development and maintenance services for electric utilities, telecom providers, and land developers primarily in the Southeastern United States. The company has established a strong regional presence, offering a wide range of services, including overhead and underground utility construction, professional telecom services, emergency service restoration, and data center development. With a commitment to safety and quality, Concurrent has built a solid reputation in its markets, making it an attractive acquisition target for UniTek.

UniTek Global Services, backed by New Mountain Finance Corporation and BTG Pactual Strategic Capital, operates over 60 locations with a workforce exceeding 600 employees. The company is recognized for its comprehensive suite of infrastructure services that support the expansion of fiber and data center connectivity across North America. The integration of Concurrent into UniTek's operations is anticipated to significantly bolster the Power Services Division, enabling the combined entity to meet the increasing demand for modernized and resilient power infrastructure.

The acquisition aligns with broader industry trends emphasizing the importance of robust infrastructure in the face of growing energy demands and technological advancements. As utilities and telecom providers seek to upgrade their systems, the combined capabilities of UniTek and Concurrent position them well to capture market opportunities. The addition of Concurrent's established footprint and expertise in power services complements UniTek's existing broadband and data center infrastructure, creating a more comprehensive service offering.

Looking ahead, the transaction reflects a strategic move within the infrastructure sector, where consolidation is becoming increasingly common as companies aim to enhance their service capabilities and geographic reach. The successful integration of Concurrent is likely to provide UniTek with a competitive edge in the evolving landscape of digital infrastructure services, particularly as the demand for efficient and reliable power solutions continues to rise.