Cole Schotz Represents National Technology Integrators in its Sale to Dycom Industries

Cole Schotz is proud to have represented National Technology Integrators in its sale to Dycom Industries, a transaction that further strengthens Dycom’s position in the rapidly expanding digital infrastructure sector.

This week, Dycom entered into a definitive agreement to acquire National Technology Integrators, a tenured and fast-growing low-voltage engineering and construction firm based in Maryland, for total consideration of $275 million. The transaction is subject to customary closing and post-closing adjustments and is expected to close before the end of the second fiscal quarter.

National Technology Integrators specializes in inside-plant structured cabling, including within data centers, as well as advanced audio-visual and security systems, with operations spanning Washington D.C., Maryland, Virginia, Texas, and the Midwest. At closing, the acquired business will be included in the Building Systems segment and is anticipated to have an initial annual revenue run-rate of approximately $175 million. Historically, the business achieved Adjusted EBITDA margins in the mid-to-high teens, which is expected to continue.

This acquisition enhances Dycom’s capabilities in the fast-growing digital infrastructure industry. The acquired company’s services are in high demand and highly complementary to Dycom’s work in both segments, driving operational efficiencies and supporting greater combined project wins. The partnership also creates a significantly more complete fiber infrastructure offering, enabling Dycom to support customers from the initial connection at the server racks through the networks connecting data centers, facilities, businesses, and homes across the country.

The Cole Schotz team was led by Gregory Arbogast, James Stefanick, Marcus Nemeth, and Luisa Nin-Reyes, along with tax support from Jeff Schechter and David Jasphy as well as HSR and Securities support from Roger Iorio.