Hudson Glade Acquires ComNet Communications

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RYE BROOK, N.Y.--(BUSINESS WIRE)--Sep 10, 2025--

Hudson Glade today announced its second platform investment with the acquisition of ComNet Communications. Terms of the transaction were not disclosed.

Founded in 1984 and headquartered in Bethel, Connecticut, ComNet provides low voltage infrastructure solutions nationwide, including structured cabling, audiovisual, and security systems. It serves blue-chip clients across ecommerce, industrial, office, and technology environments, including data centers, and is recognized for reliability, technical expertise, and service excellence. ComNet’s Chief Executive Officer Glenn Wagner alongside existing management will continue to lead the business.

“We are excited to back ComNet’s leadership team as they drive the next stage of growth,” said David Simon, Managing Director at Hudson Glade. “The company has a proven track record of excellence and reliability supported by a customer centric and high integrity culture. We see multiple avenues to build on that foundation. Expanding ComNet’s presence in the growing data center market, deepening its existing customer relationships through adjacent services, investing in its already strong sales organization and pursuing strategic acquisitions all represent meaningful opportunities for value acceleration.”

“Hudson Glade’s resources and perspective will help us scale our business and enhance the solutions we deliver to our customers,” said Glenn Wagner, CEO of ComNet. “This partnership builds on ComNet’s legacy and positions us to strengthen our role as a leading provider of low voltage infrastructure across industries.”

Hudson Glade partnered with New State Capital Partners on the transaction, marking the fifth investment New State has completed alongside independent sponsors.

“We are pleased to forge a relationship with Hudson Glade, given its pedigree and aligned strategy of building businesses,” said Shaun Vasavada, Principal at New State Capital Partners. “ComNet is a high-quality company with clear long-term growth opportunities. With approximately $2 billion in assets under management, we bring the flexible capital to support those initiatives.”

Energy Impact Partners and GarMark Partners provided financing and support for the transaction. Troutman Pepper Locke acted as legal advisor to Hudson Glade.

About ComNet Communications

ComNet Communications is a national provider of network infrastructure installation services headquartered in Bethel, Connecticut. The company designs, installs, and supports mission-critical structured cabling, audiovisual, and security systems for enterprise clients across industries including healthcare, data centers, distribution, corporate campuses, and higher education. ComNet has built its reputation on safety, quality, and service excellence, delivering reliable solutions to Fortune 500 companies, national enterprises, and regional businesses.

About Hudson Glade

Hudson Glade is a private investment firm headquartered in Rye Brook, New York. Hudson Glade is focused on consumer, industrial, and services companies with demonstrated and defensible growth characteristics operating in the lower end of the North American middle market. The firm desires to partner with talented management teams to drive value acceleration. Hudson Glade seeks to make good companies great. For more information, visit www.hudsonglade.com.

About New State Capital Partners

New State Capital Partners is an entrepreneurial minded firm that strives to be nimble, decisive, and collaborative. The firm partners with company founders and independent sponsors to create flexible capital solutions and lasting relationships. New State has completed more than 45 investments to date. For more information, visit www.newstatecp.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20250910868198/en/

CONTACT: Media

For Hudson Glade

Nathaniel Garnick/Remi Haas

Gasthalter & Co.

(212) 257-4170For New State

Lambert by LLYC

Joanne Lessner,[email protected], 212-222-7436

Caroline Luz,[email protected], 203-570-6462

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: NETWORKS AUDIO/VIDEO FINANCE HARDWARE PROFESSIONAL SERVICES TECHNOLOGY ELECTRONIC COMMERCE SECURITY

SOURCE: Hudson Glade

Copyright Business Wire 2025.

PUB: 09/10/2025 08:00 AM/DISC: 09/10/2025 08:01 AM

http://www.businesswire.com/news/home/20250910868198/en

 

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