Neutral Connect Networks announced yesterday the acquisition of Connectivity Wireless Solutions by M/C Partners, a Boston-based private equity firm which is the leading equity investment firm for Neutral Connect Networks. M/C Partners acquired Connectivity Wireless Solutions and its subsidiaries, including Simplifi DAS Holdings, with a plan to consolidate the businesses to accelerate growth in the neutral-host infrastructure and in-building wireless services business.
“These businesses are natural complements to one another and create a combined entity with enhanced scale, industry-leading technical expertise, and the operational capacity to support the growth in this market,” said Brian Clark, Managing Partner at M/C Partners. “M/C Partners has a long and successful heritage in the wireless industry, and we believe the neutral-host infrastructure and in-building wireless business represents a significant growth opportunity, particularly with the planned deployments of CBRS, private LTE networks and the transition to 5G, which we are keen to participate in.”
As part of the acquisition, Stephen Bye has assumed the role of CEO of the newly combined companies. The senior leadership teams of Neutral Connect Networks and Connectivity Wireless Solutions will report directly to Bye, a wireless industry veteran with more than 27 years of experience working for wireless, cable and wireline service providers in the U.S. and abroad.
March 27, 2019
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