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Dak Capital structures second growth acquisition for telecommunications service provider

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Rochelle Park-based The Dak Group announced Thursday its Dak Capital division led the acquisition of Atlanta-based EarthLink’s telecommunications systems business unit. Financial terms were not disclosed.

The buyer, New York-based Forerunner Technologies, will use the acquisition to add coverage in more than 10 states. According to the announcement, the transaction structure also allows for future cross-selling partner opportunities.

Digital content editor Joe Ross is @joeross on Twitter.

Write to the Editorial Department at editorial@njbiz.com

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