Private company
QualTek Services Inc.
American water company, incorporated in Delaware1
In its 2023 annual report the company says: “We are a technology-driven, leading provider of communications infrastructure services, power grid modernization, and renewables solutions to the telecommunications and utilities industries across the United States. Our experienced management team has leveraged our technical expertise, rigorous quality and safety standards, and execution track record to establish and maintain long-standing relationships with blue-chip customers. We operate two business segments: (i) Telecommunications and (ii) Renewables & Recovery Logistics.”55 It is headquartered in Newport Beach, California.1
Last updated Oct 21, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Other costs92¢$694.5M
- Interest8¢$59.3M
Out of $753.9M in revenue.2 The company lost money this year.
Financial statements
| Fiscal year | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|
| Cash | $25.0K4 | $169.0K2 | $2.2M2 | $495.0K2 |
| Receivables | $201.8M2 | $245.0M2 | ||
| Inventory | $5.4M2 | $9.0M2 | ||
| Current assets | $197.3K4 | $226.5M2 | $262.6M2 | |
| Goodwill | $28.7M2 | $14.5M2 | ||
| Intangible assets | $364.2M2 | $321.7M2 | ||
| Total assets | $228.8K4 | $671.8M2 | $688.9M2 | |
| Accounts payable | $60.7M2 | $83.3M2 | ||
| Short-term debt | $115.2M2 | $543.4M2 | ||
| Current liabilities | $206.0K4 | $267.2M2 | $723.9M2 | |
| Long-term debt | $418.8M2 | $02 | ||
| Total liabilities | $206.0K4 | $738.7M2 | $789.6M2 | |
| Retained earnings | -$320.1M2 | -$226.6M2 | ||
| Shareholders’ equity | $23.8K4 | $22.8K4 | -$2.9M4 | -$100.7M2 |
| Shares outstanding | 2.9M shares4 | 3.3M shares4 |
Corporate structure
QualTek Services Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of QualTek Services Inc.
- Fortress Investment Group LLC Filed SC 13G/A on QualTek Services Inc., latest Feb 10, 2023 (2 filings since Jun 14, 2022)
- Weiss Asset Management LP Filed SC 13G/A on QualTek Services Inc., latest Feb 6, 2023 (3 filings since Dec 3, 2021)
- Andrew S. Weinberg Filed SC 13D on QualTek Services Inc., latest Feb 24, 2022
- QualTek Services Inc. Newport Beach, California
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What QualTek Services Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Finance-lease assets | $42.8M2 Dec 31, 2022 | ||
| Operating-lease assets (leased space) | $28.6M2 Dec 31, 2022 | $29.3M2 Jan 1, 2022 | −2.4% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $14.5M2 Dec 31, 2022 | $28.7M2 Dec 31, 2021 | −49.5% |
| Intangible assets, net (excluding goodwill) | $321.7M2 Dec 31, 2022 | $364.2M2 Dec 31, 2021 | −11.7% |
| Finite-lived intangibles, gross | $484.2M2 Dec 31, 2022 | $484.5M2 Dec 31, 2021 | −0.1% |
| Accumulated amortization | $162.5M2 Dec 31, 2022 | $120.4M2 Dec 31, 2021 | +35.1% |
| Finite-lived intangibles, net | $321.7M2 Dec 31, 2022 | $364.2M2 Dec 31, 2021 | −11.7% |
Inventory
Leadership
Who has led QualTek Services Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
- Chief executive officerChristopher Scott Hisey Feb 24, 2022 to Jun 15, 20228
- Chief executive officerByron Roth Mar 2, 2021 to Mar 8, 20219
- Chief executive officerJohn C. Lipman Mar 2, 2021 to Mar 8, 202110
- PresidentAaron Gurewitz Mar 2, 2021 to Mar 8, 202111
- PresidentRick Hartfiel Mar 2, 2021 to Mar 8, 202112
- Chief financial officerMatthew J. McColgan Mar 24, 2023 to Mar 24, 202313
- Chief financial officerAdam Paul Spittler Feb 24, 2022 to Aug 22, 202214
- Chief financial officerGordon J. Roth Mar 2, 2021 to Mar 8, 202115
Board members and other officers (22)
- Chief Administrative OfficerElizabeth Downey Feb 24, 2022 to May 31, 202216
- Board memberBruce E. Roberson Feb 6, 2023 to Feb 6, 202317
- Board memberAlan Jeffrey Carr Mar 14, 2023 to Mar 14, 202318
- Board memberEmanuel R. Pearlman Mar 17, 2023 to Mar 17, 202319
- Board memberAndrew S. Weinberg Feb 24, 2022 to Feb 24, 202220
- Board memberChristopher Scott Hisey Feb 24, 2022 to Jun 15, 20228
- Board memberDesai Jigisha Feb 24, 2022 to Feb 24, 202221
- Board memberMaha Eltobgy Feb 24, 2022 to Feb 24, 202222
- Board memberRaul A. Deju Feb 24, 2022 to Feb 24, 202223
- Board memberRenee Marie Noto Feb 24, 2022 to Feb 24, 202224
- Board memberRoger Warren Bulloch Feb 24, 2022 to Feb 24, 202225
- Board memberScott Matthew Allard Feb 24, 2022 to Feb 24, 202226
- Board memberDaniel Lafond Mar 10, 2022 to Dec 14, 202227
- Board memberCielo Hernandez Dec 13, 2022 to Dec 14, 202228
- Board memberJohn A. Kritzmacher Dec 13, 2022 to Dec 13, 202229
- Board memberAdam Rothstein Mar 2, 2021 to Mar 8, 202130
- Board memberByron Roth Mar 2, 2021 to Mar 8, 20219
- Board memberDan Friedberg Mar 2, 2021 to Mar 8, 202131
- Board memberJames J. Gold Mar 2, 2021 to Mar 8, 202132
- Board memberJohn C. Lipman Mar 2, 2021 to Mar 8, 202110
- Board memberMolly Hemmeter Mar 2, 2021 to Mar 8, 202133
- Board memberSam Chawla Apr 13, 2021 to Apr 13, 202134
Former names
- Roth CH Acquisition III CoJan 11, 2021 to Feb 14, 20223
Timeline
- Jul 17, 20238-K Entered a material agreement; Ended a material agreement; Bankruptcy or receivership35
- Jul 7, 20238-K Bankruptcy or receivership; Executive or director change36
- May 31, 20238-K Entered a material agreement; Bankruptcy or receivership; Debt or obligation accelerated37
- Apr 24, 20238-K Listing notice or transfer; Regulation FD disclosure; Other events38
- Mar 16, 20238-K Entered a material agreement; New debt or obligation; Executive or director change39
- Feb 22, 20238-K Executive or director change40
- Jan 6, 20238-K Listing notice or transfer41
- Dec 27, 20228-K Entered a material agreement; New debt or obligation42
- Dec 13, 20228-K Executive or director change43
- Dec 7, 20228-K Executive or director change; Shareholder vote; Regulation FD disclosure44
- Nov 14, 20228-K Results of operations45
- Sep 21, 20228-K Entered a material agreement; New debt or obligation46
- Feb 24, 2022New chief executive Christopher Scott Hisey becomes CEO8
- Mar 2, 2021New chief executive John C. Lipman becomes CEO10
- Mar 2, 2021New chief executive Byron Roth becomes CEO9
Calendar
When it reported results
- Nov 14, 2022Reported quarterly or annual results45
- Aug 8, 2022Reported quarterly or annual results47
- May 17, 2022Reported quarterly or annual results48
- Apr 1, 2022Reported quarterly or annual results49
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
152 filings to the SEC since October 2021: 3 annual reports, 5 quarterly reports, 27 major events, 33 insider forms, 6 large holders, 78 other. The latest 20:
- Jul 20, 202315-15D EDGAR
- Jul 20, 202315-12G EDGAR
- Jul 19, 2023EFFECT EDGAR
- Jul 19, 2023EFFECT EDGAR
- Jul 17, 2023S-8 POS EDGAR
- Jul 17, 2023POS AM EDGAR
- Jul 17, 2023POS AM EDGAR
- Jul 17, 20238-K EDGAR
- Jul 13, 202310-Q EDGAR
- Jul 7, 20238-K EDGAR
- May 31, 20238-K EDGAR
- May 17, 2023NT 10-Q EDGAR
- May 4, 2023424B3 EDGAR
- May 4, 2023424B3 EDGAR
- May 3, 2023424B3 EDGAR
- May 3, 2023424B3 EDGAR
- May 2, 202310-K/A EDGAR
- Apr 28, 202310-K EDGAR
- Apr 25, 2023424B3 EDGAR
- Apr 25, 2023424B3 EDGAR
The 152 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
4 open-market trades by officers, directors and large owners since October 2021: 4 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Aug 19, 2022 | SPITTLER ADAM PAULChief Financial Officer | Buy | 5,500 | $1.91 | $10.5K | Form 4 |
| Jun 16, 2022 | SPITTLER ADAM PAULChief Financial Officer | Buy | 7,250 | $1.50 | $10.9K | Form 4 |
| Jun 15, 2022 | Hisey Christopher ScottChief Executive Officer | Buy | 5,000 | $1.35 | $6.8K | Form 4 |
| May 20, 2022 | Downey ElizabethChief Administrative Officer | Buy | 3,000 | $1.75 | $5.2K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Fortress Investment Group LLCSC 13G/A, 2 filings Jun 14, 2022 to Feb 10, 202350
- Weiss Asset Management LPSC 13G/A, 3 filings Dec 3, 2021 to Feb 6, 202351
- Andrew S. WeinbergSC 13D, 1 filing Feb 24, 202252
SEC filer profile
How QualTek Services Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARQualTek Services Inc.1
- CIK0001839412
- Filer status<br>emerging growth company1
- Incorporated inDelaware1
- Fiscal year endsDecember 311
- Industry code (SIC)1623 Water, Sewer, Pipeline, Comm & Power Line Construction1
- Business address888 San Clemente Drive, Suite 400, Newport Beach, CA 926601
- Phone949-887-03311
- Shares outstanding14,783,000 as of Nov 18, 202153
- Public float$13.7M as of Jul 2, 202254
- On EDGAR sinceJan 11, 20211
- Filings212 in all: 8-K (34), 3 (29), 424B3 (28), 4 (24), CORRESP (14), UPLOAD (11), DEFA14A (10), 10-Q (7)1
All 34 form types
PRER14A (6), S-1/A (6), EFFECT (5), NT 10-Q (4), S-1 (3), SC 13G/A (3), 10-K (2), 25-NSE (2), 424B4 (2), 8-A12B (2), NT 10-K (2), POS AM (2), SC 13D (2), SC 13G (2), 10-K/A (1), 15-12G (1), 15-15D (1), 8-K/A (1), CERT (1), DEF 14A (1), DEFM14A (1), DRS (1), PREM14A (1), S-8 (1), S-8 POS (1), SC 13D/A (1)
- Latest filingsAnnual report (10-K) Apr 28, 2023
Quarterly report (10-Q) Jul 13, 2023
Proxy statement (DEF 14A) Oct 31, 2022
Latest 8-K (8-K) Jul 17, 2023
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
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- 9SEC EDGARByron Roth, Chief executive officer
- 10
- 11SEC EDGARAaron Gurewitz, President
- 12SEC EDGARRick Hartfiel, President
- 13
- 14
- 15
- 16
- 17SEC EDGARBruce E. Roberson, Board member
- 18SEC EDGARAlan Jeffrey Carr, Board member
- 19SEC EDGAREmanuel R. Pearlman, Board member
- 20SEC EDGARAndrew S. Weinberg, Board member
- 21SEC EDGARDesai Jigisha, Board member
- 22SEC EDGARMaha Eltobgy, Board member
- 23SEC EDGARRaul A. Deju, Board member
- 24SEC EDGARRenee Marie Noto, Board member
- 25SEC EDGARRoger Warren Bulloch, Board member
- 26SEC EDGARScott Matthew Allard, Board member
- 27SEC EDGARDaniel Lafond, Board member
- 28SEC EDGARCielo Hernandez, Board member
- 29SEC EDGARJohn A. Kritzmacher, Board member
- 30SEC EDGARAdam Rothstein, Board member
- 31SEC EDGARDan Friedberg, Board member
- 32SEC EDGARJames J. Gold, Board member
- 33SEC EDGARMolly Hemmeter, Board member
- 34SEC EDGARSam Chawla, Board member
- 35
- 36
- 37
- 38
- 39
- 40SEC EDGARExecutive or director change
- 41SEC EDGARListing notice or transfer
- 42
- 43SEC EDGARExecutive or director change
- 44
- 45SEC EDGARResults of operations
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