NewSpring Capital Teams Up with Violle to Acquire Utilipath
August 22, 2013
PE firm NewSpring Capital has partnered with Violle, a telecommunications firm, to acquire a majority interest in Utilipath. The acquired company provides construction and engineering services in the $20 billion utility infrastructure services segment. In conjunction with the buyout, Violle will be merged into Utilipath as a new division to be named Utilipath Fiber Networks.