(Warrenville, Illinois) Nov. 16, 2022— ENTRUST Solutions Group announced today that it has completed the acquisition of Magellan Advisors LLC.
ENTRUST Solutions Group is excited to enter into this partnership with Magellan Advisors which works closely with utilities, municipalities, co-ops and tribal organizations to build transformational fiber and broadband networks. The company offers turnkey fiber and broadband planning, grant development, engineering, design, deployment and operations, giving clients a single, integrated solution for network deployment.
Magellan and ENTRUST are complementary companies and their combined capabilities will deliver great value for our clients. This partnership enhances ENTRUST’s capabilities and focus within the fiber broadband and grid modernization markets and expands connectivity one community at a time.
“We are very excited about the addition of Magellan Advisors to the ENTRUST family. This partnership advances our mission to provide meaningful utility infrastructure transformation through grid modernization and connectivity. Our entire leadership team and partners at Kohlberg & Company are thrilled to further this shared vision through the addition of Magellan,” Adam Biggam, ENTRUST’s CEO, stated.
“As we enter this new phase of growth with ENTRUST, we are excited at the opportunity to deliver more value and enhanced capabilities to our markets. Joining the ENTRUST family allows us to expand Magellan’s portfolio of utility infrastructure and fiber broadband services, with greater scale and broader reach. The partnership will expand opportunities for our employees and our customers alike,” said John Honker, Magellan Advisors’ President & CEO.
About Magellan Advisors
Magellan Advisors provides planning, engineering, grant writing and management of the fastest, most technologically advanced fiber and broadband networks. Our mission is to connect every community to the digital economy so that no one is left behind. We deliver practical broadband solutions that municipalities, utilities and providers can achieve in their communities. Through Magellan, more than $1 billion in new broadband investments has connected more than 1 million homes with gigabit broadband and connected more than 1,000 schools, hospitals, libraries and governments. Learn more at www.magellan-advisors.com.
About ENTRUST Solutions Group
ENTRUST Solutions Group’s 3,000+ professionals across 36 locations in the United States provide comprehensive and dependable engineering, consulting, design, asset integrity, data solutions, and automation services to utilities, operators, and industrial customers with excellence from start to finish. For more information, please visit www.entrustsol.com.
About Kohlberg & Company
Kohlberg is a leading private equity firm based in Mount Kisco, New York. Since its inception in 1987, the company has organized nine private equity funds, through which it has raised $12 billion of committed equity capital. Over its 35-year history, Kohlberg has completed 90 platform investments and nearly 250 add-on acquisitions, with an aggregate transaction value of approximately $35 billion. For more information, please visit www.kohlberg.com.