October, 2026. Peakstone, a leading middle-market investment bank, today announced that it served as the exclusive financial advisor to Aucoin Telecom & Utility Construction, LLC (“Aucoin”) in connection with its sale to System One, Inc. (“System One”), a portfolio company of Oaktree Capital Management (“Oaktree”).
Founded in 2007 by Joe Aucoin and headquartered in Chelmsford, Massachusetts, Aucoin has a demonstrated track record of building and maintaining telecom and energy infrastructure across New England and New York, serving both private and public sector clients. The company delivers a broad range of infrastructure services, including utility tower structural support, inspection and maintenance, aerial and underground construction, fiber splicing and testing, inside plant and structural cabling, and generator installations.
“Joining System One allows us to expand what we can offer our customers while continuing to deliver the reliability and accountability they’ve come to expect from our team. This partnership brings together complementary strengths and a shared commitment to getting the job done right,” said Joe Aucoin, Founder and President of Aucoin.
Brad Lehl, Managing Director at Peakstone, added: “We were thrilled to work with Joe Aucoin and his team. They have built a great business with outstanding service and deep customer relationships. System One, with financial backing from Oaktree, is an ideal strategic partner to support Aucoin’s continued growth. We are excited to watch the future success of the combined companies.”
“Aucoin demonstrates how an entrepreneur can create significant value in telecom and utility infrastructure. Peakstone continues to build momentum and a track record of successful deal closings in this industry. We delivered an optimal outcome through a competitive process to find the right partner and to maximize value for Aucoin,” said Adam Dunlap, Managing Director at Peakstone.
For additional information, please contact:
Brad Lehl, Managing Director, blehl@peakstone.com
Adam Dunlap, Managing Director, adunlap@peakstone.com
About Peakstone
The Peakstone Group, LLC is a leading middle market investment bank focused on entrepreneur and family-owned businesses. The firm is headquartered in Chicago with over 50 professionals. Since its founding in 2009, Peakstone has advised over 300 clients on M&A and capital raising engagements. For more information, please visit www.peakstonegroup.com. To receive investment and proprietary acquisition opportunities, please register at www.peakzone.com.