Davey Resource Group Acquires New Age Communications Construction

Kent, Ohio – Davey Resource Group, Inc. (DRG), a subsidiary of The Davey Tree Expert Company, has announced the acquisition of the assets of New Age Communications Construction, LLC, (NACC), a telecommunications construction firm based in Cincinnati, Ohio. NACC provides fiber construction, small cell deployment and cable maintenance and construction services for the telecommunications industry in parts of the Northeast, Midwest, mid-Atlantic and Southeast. “NACC is pleased to join an organization with the reputation and substantial resources of Davey Resource Group,” said Jay Martin, president, NACC. “We believe the joint service capabilities our combined teams provide offer a solution for … Read more

Which is Better – a Financial Buyer or a Strategic Buyer?

If you decide to sell your business to an outside acquirer, you’re going to have to decide between a financial and a strategic buyer—understanding the different motivations of these two buyers can be the key to getting a good price for your business. A financial buyer is acquiring your future profit stream, so they will evaluate your business based on how much profit it is likely to make and how reliable that profit stream is likely to be. The more profit you can convince them your company will produce, the more they will pay for your business.  But there is … Read more