Blank Rome Represents Comstar Supply, Inc. in Its Sale to USTC Corp, Inc.
A Blank Rome team represented Comstar Supply, Inc., a national distributor of outside plant material and equipment for the broadband industry, in its sale to USTC Corp, Inc., a leading value-added distributor of telecommunications materials, supply chain solutions, and technical expertise. The transaction closed on August 9, 2021.
As a result of this transaction, USTC Corp now operates seven distribution locations in the United States, with plans to significantly grow its service territory and customer base. Prior to the transaction, Comstar Supply, Inc., through its distribution centers in Philadelphia, PA, and Raleigh, NC, served a diverse customer base, including contractors, broadband and electric utilities, wireline and wireless internet providers, cooperatives, and other CATV companies.
The Blank Rome team was led by Alan L. Zeiger and Francis E. Dehel, and included Cory G. Jacobs, Mary E. Burgoyne, Jeffrey M. Rosenfeld, J. Dade Thornton, Michael A. Kadlec, Mark Blondman, George T. Boggs, Megan E. Spitz, Andrew J. Haas, Ana Cecilia Ibarra-Van Oostenrijk, Shawn M. Wright, Kevin J. Baum, Joseph T. Gulant, Margaret Anne Hill, Jacob M. Brownstein, and Michael J. Medveckus.