About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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Billtrust (NASDAQ: BTRS) Enters into Agreement to be Acquired by EQT Private Equity for $1.7 Billion

Billtrust (BTRS Holdings, Inc.) (NASDAQ: BTRS) is engaged as a B2B cloud-based software provider, which is focused on integrated payment processing solutions. Shares of the integrated payments company are soaring 59% through early trading on Wednesday, September 28, 2022. Over the past three months, Billtrust has seen average daily volume of 788,900 shares. However, volume of 52.36 million shares or dollar volume of around $482.76 million, has already exchanged hands through early trading.

Shares of Billtrust are surging after the company announced it has entered into a definitive agreement to be acquired by EQT X Fund, a part of EQT Private Equity. The all-cash transaction values Billtrust at $1.7 billion. Under the terms of the deal, Billtrust shareholders will receive $9.50 per share in cash. This represents a premium o 64% compared to its closing price on September 27, 2022.

EQT is focused as a purpose-driven global private equity firm with assets under management of EUR 77 billion, as of June 30, 2022. The firm maintains 36 active funds with portfolio companies across North America, South America, Europe, and Asia. EQT brings a wealth of resources and a strong track record of success, which will assist Billtrust in continuing to expand its offerings and digitalizing aspects of the CFO role.

The transaction has already received approval from Billtrust’s Board of Directors, but will still need shareholder and regulatory approval before the deal is executed. The two companies estimate the transaction will close during the first quarter of 2023. Upon closing of the deal, Billtrust will delist from the NASDAQ stock exchange and become a private company.

“This transaction marks the beginning of an exciting new chapter for Billtrust, our customers and employees while providing shareholders an immediate and substantial cash value with a compelling premium,” said Flint Lane, Billtrust Founder and CEO. “We believe B2B payments and accounts receivable continue to be ripe for massive disruption and innovation, and our partnership with EQT will provide us with greater resources and flexibility to build on our leadership position.”

Disclosure: No position. Spotlight Growth has no relationships with any of the companies mentioned in this article and did not receive payment in any form for its creation. This is an opinion article and is not meant to be financial advise. We are not broker-dealers or investment professionals. Please conduct your own due diligence. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/

The post Billtrust (NASDAQ: BTRS) Enters into Agreement to be Acquired by EQT Private Equity for $1.7 Billion appeared first on Spotlight Growth.

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