Near Future Completes Acquisition of Pecmia Technologies

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Emerging wireless installation company purchased for undisclosed price.

Delivering Tomorrows Innovations™

http://www.nearfuture.biz/

The Pecmia Technologies acquisition was like finding a diamond in the rough.

Near Future LLC., a leading low-voltage installation company specializing in cable, security, voice/data and audio-visual industries, today announced the purchase of Pecmia Technologies for an undisclosed price. Pecmia Technologies is a privately held company in the telecommunications industry that focuses on cell tower installation projects and Distributed Antenna Systems (DAS) installations. The acquisition not only extends Near Future’s wireline installation and integration capabilities into the wireless marketplace but also further diversifies Near Future’s growing client base and portfolio.

"The Pecmia Technologies acquisition was like finding a diamond in the rough. Pecmia has gone overlooked in the telecom industry for years because they’ve been performing as a Tier 2 contractor, “said Tyrie Jamerson, President and CEO of Near Future. Tier 2 contractors go virtually unseen by Fortune 500 Companies because they primarily work as subcontractors for large companies who perform as Prime Contractors to the Fortune 500’s. “We acquired a sizeable and talented resource pool with wireless experience. We’ve been organically growing wireless skill sets within our firm for the last few years” Jamerson adds.

Performing as a Prime Contractor, Near Future has delivered consistent results to not only Fortune 100 cable companies but also as a technology integrator on major construction projects such as the John Hancock Building in Chicago, Barksdale Air Force Base in Louisiana and the W Dallas Victory Hotel just to name a few. Once perceived as a small Tier 2 contractor with little to no financial backing Near Future knows what it’s like to go unrecognized. However, against the odds, they have experienced consistent growth and have pulled off a coup d'état with its recent victory. “Near Future recognized and valued Pecmia’s experience and capability. Their financial stability and transparency made our decision an easy one,” states Porscha Boyd, CFO for Pecmia Technologies.

2013 has been a good year for Near Future. In addition to the recent acquisition, the emergent corporation recently secured a national contract to do Structured Cabling installations in 33 states with one of the top three telecommunications companies in the country. “We’ve been really busy, but I’m thankful that early on, we took the time to standardize our processes and develop a workforce strategy which allows us to scale our human resources and deploy them quickly in multiple markets. It is exactly what we needed to take on this national opportunity” affirms Chintale Williamson, Director of Human Resources for Near Future. To accommodate their rapid growth, the sought-after integration specialists are moving their headquarters into a new 10,000 square foot facility located in Dallas, Texas.

About Near Future, LLC: A NMSDC Certified - Minority owned, 8(a), HUBzone, Commercial and Government contracting firm since 2001. Consulting and partnering with Architects, Engineers, General Contractors and Broadband Service Providers to achieve environments infused with Technological Innovations.

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