NEW YORK, NY — October 16, 2008— Behrman Capital, a private equity investment firm based in New York and San Francisco, announced today that Black Box Corporation (NASDAQ: BBOX), a leading provider of voice services, data services, and IT product solutions, has completed the acquisition of ACS Communications, Inc., a fully-integrated technology services company, from Behrman Capital.
Founded in 1985 and headquartered in Austin, Texas, ACS Communications specializes in technology deployments, data center support services, managed staffing, and dispatch services. The company is also a national provider of copper and fiber structured cabling systems, network design, installation, splicing, termination, testing, sustaining maintenance services, emergency restoration and documentation for high-quality, highspeed communications networks. ACS maintains daily operations in over 30 states and has over 400 technicians employed nationwide at many of the world’s top companies.
“ACS Communications has established itself as a leading provider of technology services in the southwest with an extensive customer base, most notably as a provider of cabling infrastructure services,” said Grant G. Behrman, Managing Partner of Behrman Capital. “The Company’s rapid growth in recent years reflects the high level of expertise and proven execution that ACS employees bring to the development, installation and maintenance of complex networks. We are proud of the Company’s accomplishments and strong commitment to its customers, and wish everyone at ACS great success as they pursue new opportunities with a global organization.”
“We are pleased to welcome the entire ACS team to the Black Box Family. This transaction will provide worldwide complimentary products and services for all current and future ACS customers. In addition, this demonstrates our desire, commitment and ability for continued growth at Black Box Network Services,” stated Terry Blakemore, President and Chief Executive Officer of Black Box Corporation.
Behrman Capital acquired ACS Communications in February 1999. The Company was an investment of Behrman Capital’s second private equity investment fund, Behrman Capital II L.P.
Patrick Welker, Chief Executive Officer of ACS Communications, said, “Our Company’s ability to execute the most complex national data network assignments for our customers is complemented by the full range of our related services, providing customers true “one-stop” shopping for their network needs. We are excited to be a part 2 of Black Box Network Services and look forward to partnering with them to expand the range of services we can provide our existing customers and working with them to leverage our expertise with new customers in new regions.”
About Black Box Corp:
Black Box is the world’s largest technical services company dedicated to designing, building and maintaining today’s complicated data and voice infrastructure systems. Black Box services 175,000 clients in 141 countries with 190 offices throughout the world. To learn more, visit the Black Box Web site at http://www.blackbox.com. Black Box® and the Double Diamond logo are registered trademarks of BB Technologies, Inc.
About Behrman Capital:
Based in New York City and San Francisco, Behrman Capital was founded in 1991 by Grant G. and Darryl G. Behrman. The firm invests in management buyouts, leveraged buildups and recapitalizations of established growth businesses. The company’s investments are primarily focused in five industries: specialty manufacturing, outsourcing, defense, health care and information technology. The firm currently has a combined capital base in excess of $2.0 billion. For more information, please visit www.behrmancap.com.
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For Behrman Capital:
David Lilly or Michael Freitag
Kekst and Company