June 19, 2018 – Bravaldo Capital Advisors, Inc. (“BCA”) is pleased to announce that its client QCFS Management Group, Inc. (“QCFS”), a Pensacola, Florida based provider of aerial and underground fiber and cable installation and maintenance services, completed a successful sale to Accelerated Communications and Construction, LLC (“ACC”), a Gulf Breeze, Florida based company that provides similar services. BCA served as exclusive advisors to QCFS and provided vital transaction advice through closing.
Fred Shehadi, Co-owner and Operations Manager for QCFS, stated “We have worked with BCA for many years to consider when exit timing was right in the marketplace to achieve a desired valuation and outcome. There were many challenges to overcome when we finally decided to sell, but BCA had our backs and kept the process moving. Our goal was not simply to maximize valuation; we also wanted to find a buyer that would take care of our employees. Ultimately BCA guided us to a successful closing with our preferred choice of buyer.”
Don Bravaldo, President of Bravaldo Capital Advisors, added “Fred and David Shehadi and their team have built an exceptional business serving demanding telecom customers that should continue to grow for years to come. It was our pleasure to help them find the right partner that will continue the QCFS mission of providing exceptional service and quality workmanship for increasingly critical media and communications infrastructure systems. I am proud that our team could play an important role in helping the Shehadi family implement their desired business exit and start a new chapter in life.”
QCFS Management Group, Inc. (www.qcfsonline.com) For nearly 25 years, QCFS has provided aerial and underground fiber and cable installation and maintenance services in the Southeastern U.S. While primarily servicing fiber lines for telecom companies, the Company also works with CATV, telephone, and electrical lines, as well as gas and water & sewer lines. While based in Pensacola, Florida, QCFS also maintains a midway location servicing the Fort Walton Beach area, as well as an office in Micanopy servicing Gainesville and Ocala.
Accelerated Communications and Construction, LLC (acc-ug.com) ACC was established in 2008 with the goal of providing a higher level of service and reliability to telecom customers, which they accomplished by creating an employee-based (instead of contractor-based) model that assures employees are screened, trained, and equipped to the highest standards. Services range from aerial/underground construction, directional boring, and cable and fiber installations, to wire installation for multi-unit residential buildings and commercial businesses, and plant maintenance and construction.