National OnDemand Expands with J. Tucker Construction Acquisition
Deal News | Jan 23, 2025 | Blue Point Capital Partners LL
Blue Point Capital Partners, a private equity firm, has announced that its portfolio company, National OnDemand, has acquired J. Tucker Construction. This strategic acquisition allows National OnDemand to increase its presence in Texas, a region experiencing high demand for fiber and utility infrastructure services. J. Tucker Construction brings extensive experience in services like aerial construction and fiber optic splicing, and has been a trusted partner to telecom providers since 1991. National OnDemand, under Blue Point's guidance, continues to expand through acquisitions and aims to capitalize on the rising telecommunications infrastructure demand. The move aligns with National OnDemand's strategy to enhance its service offerings and expand geographically, strengthening its ability to deliver comprehensive solutions to its customers.
Sectors
- Private Equity
- Telecommunications Infrastructure
- Construction Services
Geography
- United States – Both National OnDemand and J. Tucker Construction operate in the U.S., with National OnDemand aiming to expand its services regionally.
- Texas – The acquisition of J. Tucker Construction expands National OnDemand's presence in Texas, a state identified for its critical infrastructure needs.
Industry
- Private Equity – The article discusses Blue Point Capital Partners, a major private equity firm, managing investments and guiding growth strategies for its portfolio companies.
- Telecommunications Infrastructure – National OnDemand and J. Tucker Construction operate within the telecommunications infrastructure industry, focusing on building and maintaining fiber and utility networks.
- Construction Services – J. Tucker Construction provides specialized construction services such as aerial construction and directional boring, essential for telecommunications infrastructure projects.
Financials
- $1.8 billion – The amount of committed capital managed by Blue Point Capital Partners.
- $30 million to $300 million – Revenue range for businesses typically invested in by Blue Point Capital Partners.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Blue Point Capital Partners | Private Equity Firm | Company | A private equity firm that manages over $1.8 billion in committed capital, known for investing in lower middle-market businesses. |
| National OnDemand | Acquiring Company | Company | A communication and utility infrastructure service provider, part of Blue Point Capital Partners' portfolio. |
| J. Tucker Construction | Target Company | Company | A family-owned provider of construction services for telecom and internet service providers, based in Greenville, Texas. |
| Jason Tucker | Owner | Person | Owner of J. Tucker Construction, involved in the company's operations and transition to National OnDemand. |
| Tammy Tucker | Owner | Person | Co-owner of J. Tucker Construction, managing company operations alongside Jason Tucker. |
| Douglas Boteler | CEO of National OnDemand | Person | Oversees National OnDemand and its expansion efforts, including strategic acquisitions. |
| Brian Castleberry | Partner at Blue Point Capital Partners | Person | Involved in strategic decisions and partnerships for Blue Point Capital Partners. |
| Megan Kneipp | Managing Director, Business Development at Blue Point | Person | Handles business development and exploration of new partnership opportunities at Blue Point Capital Partners. |