FTE Networks

FTE Networks Overview

Founded 2007
Status Private
Employees 224
Latest Deal Type PIPE
Financing Rounds 4
Investments 10

FTE Networks General Information


FTE Networks Inc is a US-based company which acts as a provider of international and regional telecommunications and technology systems and infrastructure services. It also offers managed information technology, telecommunications services, subscriber-based services and staffing solutions through its wholly-owned subsidiaries. The services provided by the company include engineering consulting, design, installation, maintenance, and emergency response in various categories including cabling, equipment installation and configuration, rack and stack, wiring build-outs, infrastructure build-outs, fiber cable splicing and testing. The company manages its business into two segments namely Telecommunication and Staffing. The majority of the company's revenue comes from Telecommunication segment.

Contact Information

Formerly Known As
Suncrest Global Energy
Ownership Status
Privately Held (backing)
Financing Status
Corporate Backed or Acquired
Primary Industry
Systems and Information Management
Primary Office
  • 999 Vanderbilt Beach Road
  • Suite 601
  • Naples, FL 34108
  • United States
+1 (877) 000-0000
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FTE Networks Valuation & Funding

Deal Type Date Amount Valuation/
Post-Val Status Debt

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FTE Networks Competitors (2)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing
Integration Partners Corporate Backed or Acquired Lexington, MA 000000&0
000000000 0000. Corporation Deerfield, IL

FTE Networks Executive Team (12)

Name Title Board Seat Contact Info
Michael Palleschi Chief Executive Officer & Chairman
Lynn Martin Chief Operating Officer and Chairman of the Strategic Advisory Board
Michael Bonewitz Chief Technology Officer
Anthony Sirotka Chief Business Development Officer
Mark Gervasoni Executive

6 Former Executives

FTE Networks Board Members (5)

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Name Representing Role Since
0000 000000 FTE Networks Chief Operating Officer and Chairman of the Strategic Advisory Board 000 0000
0000000 000000000 FTE Networks Chief Executive Officer & Chairman 000 0000
00000 0000000 FTE Networks Board Member 000 0000

2 Former Board Members

FTE Networks Investments & Acquisitions (10)

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Company Name Deal Date Deal Type Deal Size Industry Lead Partner
000000 00000000 00 03-Jan-2020 000000000000000000 00000 Real Estate Services (B2C) 0000000 000000000
000000000 00000000 09-Mar-2017 000000000000000000 0000 Construction and Engineering 0000000 000000000
0000000 0000000000 17-Jan-2017 000000000 00000 00 Other Business Products and Services 0000000 000000000
000000 0000000000 19-Jun-2013 000000000000000000 Other Commercial Services
Optos Capital Partners 19-Jun-2013 Merger/Acquisition Wireless Communications Equipment

FTE Networks Subsidiaries (2)

Company Name Industry Location Founded
Benchmark Builders Construction and Engineering New York, NY 2008
0000000000 000 000 Other Commercial Services Tulsa, OK 0000

FTE Networks Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
0000000000 0000000 000000000000000000 Completed
  • 000 00000000