The Daily Dig
UniTek Global Services has acquired Concurrent Utility Services LLC, a specialty infrastructure contractor focused on power grid modernization and connectivity. The deal builds out UniTek's Power Services Division. That division launched in July 2025 to expand the company's maintenance, repair, upgrade, and new construction work in the power sector. Financial terms of the transaction were not disclosed.
Concurrent operates as a licensed general and electrical contractor across the Southeast United States. It works for electric utilities, telecom providers, and land developers. Its scope includes overhead and underground power construction, emergency service restoration, environmental services, in-building networks, and data center development. That mix directly complements UniTek's existing broadband and data center infrastructure business.
UniTek leadership framed the acquisition as a way to capitalize on rising demand for resilient power infrastructure across the United States. CEO Charlie Smith said the deal diversifies UniTek's service lines. Power Services Chairman Pete Sandore pointed to Concurrent's regional footprint and workforce as a foundation for future growth. Concurrent CEO Steve Sarno said UniTek's resources and scale would help accelerate his company's growth across the Southeast and beyond.
Concurrent will keep operating under its own brand, and the release states customers will see uninterrupted service. UniTek is backed by New Mountain Finance Corporation and its affiliates, along with BTG Pactual Strategic Capital. The acquisition adds to a platform that already spans over 600 employees and 60 locations across the U.S. and Canada.
Snapshot:
Acquirer: UniTek Global Services, Inc.
Acquired Company: Concurrent Utility Services LLC
Deal Announced: July 7, 2026
Financial Terms: Not disclosed
UniTek Division Involved: Power Services Division (launched July 2025)
Concurrent Region: Southeast United States
Concurrent Services: Overhead and underground power construction, emergency service restoration, professional telecom services, in-building networks, environmental services, data center development
Concurrent Client Base: Electric utilities, telecom providers, land developers
Concurrent Contractor Status: Licensed general and electrical contractor
Post-Acquisition Branding: Concurrent continues operating under its established brand
UniTek Scale: 600+ employees, 60 locations across U.S. and Canada
UniTek Ownership: New Mountain Finance Corporation (Nasdaq: NMFC) and affiliates, BTG Pactual Strategic Capital
TheJobWalk Thoughts
This deal pairs a broadband and data center contractor with a power grid specialist, and that combination is the story. Concurrent's overhead, underground, and grid modernization capabilities now sit alongside UniTek's existing data center and broadband platform. For subs and suppliers, that signals UniTek is positioning to offer connectivity and power capabilities together rather than as separate relationships.
The release specifically credits Concurrent's regional footprint and workforce as reasons for the acquisition. Established relationships with electric utilities in the Southeast do not happen quickly, and that standing is part of what made Concurrent a target worth acquiring rather than a capability UniTek chose to build internally.
Keeping Concurrent's brand intact and committing to uninterrupted service tells existing customers to expect continuity in the near term. How the two companies integrate operationally over time is not addressed in the announcement. Subs and clients working with either company should watch for follow-up communication as that process unfolds.
