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11/2025100%

Communication Zone acquired by Hexatronic Group

UNITED STATES Construction / Finishing Works / Electrical EV $10–30M

Context

Communication Zone has been acquired by Hexatronic Group AB, with the transaction closing on 25 November 2025. The acquisition was executed as an asset purchase following a pre‑closing tax‑free reorganization, allowing Hexatronic to treat the deal as an asset acquisition for tax purposes. Financing was provided through a combination of available cash and existing debt facilities, and the target will operate as part of Hexatronic’s Data Center business area. Hexatronic pursued the transaction to broaden its geographic coverage into the United States Midwest and to incorporate Communication Zone’s portfolio of national accounts. The target’s expertise in low‑voltage installation, particularly within data center projects, complements Hexatronic’s existing fiber‑optic product suite, creating a more comprehensive service offering. The acquisition aligns with Hexatronic’s stated strategy to accelerate growth in the data center segment and to achieve its 2028 financial objectives. Post‑closing, integration plans focus on combining engineering design capabilities with field execution teams to enable cross‑selling of cabling products and installation services. The merged entity is expected to deliver expanded service depth to existing customers and to capture additional market share among hyperscale and colocation operators. Operational synergies include shared procurement, unified project management processes, and the retention of Communication Zone’s leadership team to preserve client relationships.

Communication Zone, which reported an EBITDA margin of [members only] in 2023, is valued in this transaction at an EV/EBITDA multiple of 5x–12x.

Target

Communication Zone Inc. is a privately held provider of low‑voltage installation services headquartered in Chicago, Illinois, United States. The firm designs, installs, and maintains infrastructure for data cabling, security and CCTV systems, audio‑visual solutions, and distributed antenna systems across commercial and industrial facilities. Its service portfolio targets data center operators, including hyperscale and colocation providers, as well as enterprises requiring integrated connectivity and surveillance solutions. The company generates revenue through project‑based contracts, managed service agreements, and maintenance retainers, allowing recurring income from long‑term client relationships. Founded by industry veterans, the business has built a client base that includes national accounts and regional technology firms, leveraging a network of certified technicians to deliver turnkey installations. Operational focus emphasizes compliance with industry standards such as ANSI/TIA‑568 and ISO‑27001, ensuring that installations meet performance and security criteria required by high‑density computing environments. Geographic coverage extends throughout the Midwest, with project execution in major data hub cities and adjacent markets. The organization maintains a lean corporate structure, delegating field execution to regional teams while central functions handle engineering design, procurement, and quality assurance. This model supports scalability and rapid deployment of services in response to evolving data center demand.

Ent. Value

$10–30M

Equity Value

[members only]

Multiples

EV / Revenue

1x–3x

EV / EBITDA

5x–12x

EV / EBIT

[members only]

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2023
$10–30M
$0–5M
[members only]
2022
$10–30M
$0–5M
[members only]

Other operations with Hexatronic Group

Other operations with Hexatronic Group
DateAcquirerTargetCountrySector
05/2026HEXATRONIC GROUPSUPERIOR FIBER & DATA SERVICESUNITED STATESElectrical

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REFERENCES

Valuation range: EV $10–30M

Revenue range: $10–30M

EBITDA range: $0–5M

EV/Revenue range: 1x - 3x

EV/EBITDA range: 5x - 12x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Communication Zone by Hexatronic Group are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: communication zone

FAQ

What transaction does this page cover?

This page covers Hexatronic Group’s acquisition of 100% of Communication Zone, an American company specialised in Finishing Works, in 2025.

How was the acquisition of Communication Zone by Hexatronic Group valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the $10–30M band, its EV/EBITDA multiple within the 5x - 12x range, and its EV/revenue multiple within the 1x - 3x range. Exact figures are available to members.

What were Communication Zone’s revenue and EBITDA at the time of the deal?

At the time of the transaction, Communication Zone generated annual revenue estimated in the $10–30M range and EBITDA in the $0–5M bracket (FY 2023). Detailed financial figures are available to members.

What sources support the information on this transaction?

Transaction data and operational intelligence were compiled from independent financial press reporting by specialized M&A publications.

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