UniTek Acquires Concurrent Utility Services
UniTek Global Services announced the acquisition of Concurrent Utility Services, a specialty infrastructure services company focused on power grid modernization and connectivity. The transaction marks a significant milestone for UniTek's Power Services Division, which launched in July 2025 to broaden the Company's maintenance, repair, upgrade, and new infrastructure development services for the power sector. Financial terms were not disclosed. The acquisition positions UniTek to capitalize on growing demand for resilient and modernized power infrastructure across the United States. Concurrent's established regional footprint in the Southeast, safety-first mentality, and experienced workforce enhance UniTek's strong operating platform and will be a foundation for continued growth. Concurrent provides infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. Concurrent's service offering spans overhead and underground power, emergency service restoration, environmental services, and data center development-capabilities that directly complement UniTek's existing broadband and data center infrastructure platform. UniTek Power Services will continue to seek opportunities to deliver high-quality, efficient, and innovative power infrastructure services across the country. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.