Mergers & Acquisitions ·
Argan, Inc. completed the acquisition of ValCor Communications, LLC, a Connecticut-based provider of installation and…
AGXArgan Inc
Argan, Inc. completed the acquisition of ValCor Communications, LLC, a Connecticut-based provider of installation and maintenance services for information, communication, and data networks in New England. The transaction closed on July 31, 2026, with total initial consideration of approximately $8.3 million, funded through cash and Argan common stock. This bolt-on acquisition expands the Company's Teledata segment into the defense, aerospace, and technology customer base across the region. Argan operates in the construction industry, providing engineering, procurement, and construction services for power plants and renewable energy facilities, as well as teledata infrastructure services.