International Company News

Entrust Solutions Group Acquires Magellan Advisors

T&B Petroleum/Press Office
16/11/2022 17:30
Entrust Solutions Group Acquires Magellan Advisors Imagem: Divulgation Visualizações: 5738 (0) (0) (0) (0)

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.

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