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UniTek Global Services Emerges from Chapter 11

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UniTek Global Services, Inc. has emerged from chapter 11 with significantly less debt, supportive customers and vendors, and a focused strategy to provide infrastructure services to the satellite television, broadband cable, wireless telecommunications, transportation and public safety industries, the ABL Advisor reported today. The company announced new leadership with John Haggerty appointed to the position of interim Chief Executive Officer. Haggerty will succeed Rocky Romanella who successfully steered the Company through the chapter 11 process. UniTek is now majority-owned by New Mountain Finance Corporation and entities managed by Littlejohn & Co., LLC, both of whom have extensive private equity expertise, as well as deep relationships in the specialty contracting and fulfillment services industries.