April 2022: Closed on the sale of a telecom Outside Plant construction contractor (aerial, underground, fiber/coax placement, splicing, & testing) based in the Southeastern United States. Client supports broadband service providers (investor owned electric utilities, regional Internet Service Providers, and legacy cable television Multiple Systems Operators) construct and maintain fiber, coax, and hybrid coax/fiber communication networks.
Wireless Construction: Strategic Recapitalization
November 2020. West Highland, LLC served as exclusive financial advisor to Onsite Communications Services, Inc. in a strategic recapitalization with Centerline Communications, LLC, a portfolio company of Wincove Private Holdings, LP and Stone-Goff Partners. Onsite is a specialty contractor that supports wireless service providers by providing communication tower build-to-suit construction, installations and upgrades of lines and antennae, power systems, Digital Antenna Systems, and edge data centers, as well as recurring maintenance services associated with wireless communications facilities.
Wireless Construction: Strategic Recapitalization
May 2020. West Highland, LLC represented Sky Telecom, Inc. in a strategic recapitalization involving Borgman Capital, a Milwaukee-based private equity firm. Terms of the transaction were not disclosed. Sky Telecom is a specialty contractor based in Woodstock, GA that provides wireless telecom construction services critical to the nation’s infrastructure, ranging from line & antenna installation and optimization to civil services such as foundation/ground-ring installation, tower stacking, and DC power system installation/upgrade/maintenance.
Wireless Construction & Distribution: Financing
March 2020. Commitment for a $14MM asset based loan for a wireless construction services and telecommunication equipment distribution company.
Wireless Contracting: Business Development
September 2019. Introductions that resulted in two new clients for wireless construction services company with potential annual revenue of $10MM+.
Fiber Splicing and OSP Construction: Asset Sale
May 2019. Closed on the sale of assets associated with a telecom contractor specializing in fiber splicing and outside plant construction in the Southeastern United States.
Wireless Contractor: Non-control Investment
May 2019. Negotiated non-control equity investment and related credit facilities (asset based line and real estate) for wireless telecom contractor (tower and civil) in the Southeastern United States. Total recapitalization valued at $9.6MM+.
Telecom OSP Contractor: Sale of Selected Assets
January 2019. Closed on sale of selected assets for a telecom contractor specializing in outside plant construction in the Western United States.
Telecom Inventory Management: Sale
January 2019. Closed on the sale of assets associated with a telecom contractor specializing in inventory and asset management services throughout the United States, including Alaska, Hawaii, and Puerto Rico.
Civil and Electric Utility Contractor
December 2017. Received Indication of Interest ($25.0MM+/-) associated with strategic recapitalization of a civil and electrical construction contractor in the Intermountain West.