Established in 1997, ValCor serves customers in the defense, aerospace and technology sectors across the Northeast.
ValCor Communications, an East Hartford-based provider of installation, maintenance, and repair services for data and communication networks, has been acquired by Southern Maryland Cable in an $8.3 million deal.
Southern Maryland Cable is a subsidiary of Argan Inc. which provides construction and related services to the power industry, particularly engineering, procurement, and construction of natural gas-fired power plants and renewable energy facilities.
Argan is based in Arlington, Virginia.
Established in 1997, ValCor serves customers in the defense, aerospace and technology sectors across the Northeast.
“This bolt-on acquisition expands the reach of our Teledata segment to a premier customer base that would have taken years to build organically,” Argan CEO David Watson said.
The company says that the acquisition provides an anchor in New England, alongside a specialized workforce and direct access to a range of new clients.
