Atlanta, GA February 3, 2026, Sunbelt Business Brokers – Atlanta is pleased to announce the acquisition of its client, Cherokee Fiber & Associates, Inc. (“Cherokee Fiber”), by HB Global (“HB Global”).
Cherokee Fiber is a turnkey utility contracting company with more than 30 years of experience in the telecommunications industry, providing underground and aerial utility construction, fiber placement, splicing, testing, and maintenance services to major telecom and infrastructure customers. HB Global is an employee‑owned holding company in the construction and infrastructure sectors, with a national portfolio of leading mechanical, plumbing, electrical, HVAC, and infrastructure contractors.
Sunbelt Atlanta initiated and advised on the sale of Cherokee Fiber serving as the exclusive M&A advisor to the Company. The transaction was led by Dealmaker Doreen Morgan who leveraged Sunbelt Atlanta’s targeted sell‑side process to position the company with qualified strategic buyers and structure a transaction that aligned with the owner’s financial and succession objectives.
Owners of utility, boring, and infrastructure services companies considering a sale can leverage Sunbelt Atlanta’s targeted sell side process to access qualified strategic and financial buyers, maximize after tax proceeds, and structure a transition that fits their personal and succession goals.
This transaction highlights the strong demand from strategic and financial buyers for scaled utility and telecom contracting platforms with specialized field crews, recurring maintenance work, and long‑tenured customer relationships. Owners of utility, telecom, and infrastructure services companies considering a sale can benefit from Sunbelt Atlanta’s targeted, confidential sell‑side process designed to maximize valuation, expand buyer reach, and deliver a smooth ownership transition.
For more information about Sunbelt Atlanta and its M&A advisory services for utility and infrastructure contractors, please visit www.sunbeltatlanta.com
If you would like more information about this topic, please call Doreen Morgan: (770) 936-9099 x 800 or email dmorgan@sunbeltatlanta.com
Sunbelt Atlanta is located at:
4360 Chamblee Dunwoody Road, Suite 111 Atlanta, GA 30341