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Crestone Services Group Acquires Diversified Solutions
March 4, 2021 | PRNewswireEstimated reading time: 1 minute
Crestone Services Group, LLC, is pleased to announce the acquisition of Diversified Solutions, Inc (DSI). DSI is a service provider building the next generation communications network in Arizona, Idaho, and Montana. This acquisition represents a meaningful entry for Crestone into the attractive Phoenix market where infrastructure spending is at record levels. DSI has experienced significant growth in recent years related to 5G and fiber-to-the-home investments. The company will operate as a subsidiary of Crestone and be led by its founders Aaron Larkin and Shane Olerich.
"We are thrilled to welcome Aaron, Shane and the talented DSI team to Crestone. Our organizations are well aligned, and we see this merger as a perfect fit. By adding DSI to the platform, we solidify our position as a leading communications infrastructure provider in the Mountain West. Our success is primarily due to our sizable workforce, end-to-end services, and our concentrated regional focus," said Rick Barrett, CEO of Crestone Services Group.
Aaron Larkin, President of DSI added, "Shane and I are excited to join Crestone. Their resources, combined with increasing market opportunities, will lead to many years of growth for our business. When we considered our options, we wanted to partner with a group that shared our vision and values - that's why we choose Crestone".
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