Nolan Advised Accelerated Communications & Construction on its Sale to GridSource

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“We are excited to join GridSource and WiseConnect as part of the Hastings team. We will continue to provide best-in-class service to our customers in Central and Gulf Coast Florida. The partnership will allow us to offer a wider range of service offerings to both new and existing customers.”

Justin Sonntag
Co-Founder, Accelerated Communications & Construction

  • Accelerated Communications & Construction is a leading telecommunications infrastructure solutions company servicing the Gulf Coast and Central Florida.
  • Accelerated installs and maintains underground and aerial fiber networks for some of the nation’s largest Internet Service Providers (ISPs), supporting the continued rollout of fiber as a replacement to coaxial cable and copper wiring.
  • The company provides ongoing repair, maintenance, and upgrade services to support existing infrastructure, as well as new network builds for ISPs, utilities, and commercial customers.
  • The company focuses primarily on middle-mile construction, bringing fiber services from the network distribution hub to the carrier’s service area.
  • Accelerated Communications & Construction hired Nolan to help maximize value and increase the probability of a successful closing.
  • Nolan’s sale process delivered GridSource, a company specializing in utility construction, including broadband networks, fiber optic cable construction, and natural gas distribution.
  • Founded in 1979 and based in Baton Rouge, Louisiana, GridSource is an industry leader in trenching, excavating and HDD technologies.
  • GridSource is a portfolio company of Hastings Equity Partners, a preferred capital partner to founders of lower middle-market businesses.
  • Hastings’ investment in GridSource and subsequent add-on investments in WiseConnect and Accelerated have positioned GridSource as a leader in national utility services, with comprehensive service offerings across middle and last-mile fiber deployment.

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