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Ustc Corp Acquires Comstar Supply

Aug 09, 2021•almost 4 years ago

Acquiring Company

USTC

Acquired Company

Comstar Supply

Description

USTC Corp, Inc., a leading value-added distributor of telecommunications materials, supply chain solutions, and technical expertise announced today that it has acquired Comstar Supply, Inc., a national distributor of outside plant material and equipment for the broadband industry. With this transaction, USTC Corp now operates seven distribution locations in the U.S., with plans to significantly grow its service territory and customer base. The financial terms of the transaction are not disclosed.

Company Information

Company

USTC

About

USTC Corp is a leading one stop shop for all materials, technical expertise, supply chain management solutions, and the value-added distribution of passive and active equipment and tooling from over 1,000 global suppliers for telecommunications, HFC, FTTH, FTTx, wireless, and data center technologies. Founded in 2017 by CEO and Chairman of the Board, Cédric Varasteh, and headquartered in Edison, NJ with expanded operations in Dallas, Texas, USTC Corp recently acquired Walker and Associates, adding additional locations in Winston Salem, North Carolina and Reno, Nevada. With flexible delivery models, a plug-and-play approach, and modular set of value-added services, USTC Corp believes that customers deserve customization. Their experienced team of nearly 400 employees across 5 facilities in the U.S. are working hard every day dedicated to customer satisfaction and reliability. To learn more, visit www.ustc-corp.com and follow USTC Corp on LinkedIn at www.linkedin.com/company/USTCcorp.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed