ARLINGTON: Argan Inc. has acquired ValCor Communications LLC, a Connecticut-based provider of network installation and maintenance services, in a deal valued at approximately $8.3 million, a statement said.
The transaction, which closed July 31, 2026, was funded through a combination of cash and Argan common stock. ValCor will operate under Argan’s wholly-owned subsidiary, Southern Maryland Cable Inc., which does business as SMC Infrastructure Solutions.
Founded in 1997, ValCor serves customers across New England in the defense, aerospace and technology sectors, including Fortune 500 companies. Many of its client relationships span two decades or more, according to the company.
“This bolt-on acquisition expands the reach of our Teledata segment to a premier customer base that would have taken years to build organically,” said David Watson, president and chief executive officer of Argan. “The client relationships ValCor has built over 25 years are simply not replicable from scratch.”
The acquisition gives SMC an immediate presence in New England and access to customers in defense, aerospace, healthcare, banking, higher education and technology.
“We’ve worked alongside ValCor as a teaming partner and admired their capabilities, work ethic and reputation in the field,” said Brian Orlandi, chief executive officer of SMC. “Their skillset, clients and culture made this a complementary fit.”
Kevin Clark, president of ValCor, said joining SMC will allow the company to scale while maintaining service quality for its clients.
Argan’s primary business provides construction and related services to the power industry, including engineering, procurement and construction of natural gas-fired power plants and renewable energy facilities. The company also operates Gemma Power Systems, Atlantic Projects Company and The Roberts Company.
