Blue Bell's UniTek to combine with Berliner Communications

Blue Bell telecommunications services company UniTek USA will combine with Berliner Communications to become UniTek Global Services, Inc. The unified company projects annual revenue of about $360 million. While UniTek is not now publicly traded, Berliner is currently listed on the OTC market (OTC: BERL ) and the new company will assume that listing under the UniTek name.
UniTek private equity backer HM Capital Partners will control approximately 80% of the combined entity. C. Scott Hisey, Founder and CEO of UniTek USA, will become CEO of the Company. Peter Giacalone, President of UniTek USA, has been appointed Chairman of the Company.

Press Release.


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