Carlson Private Capital Partners (CPC), an investment firm formed by the Carlson family has made a significant investment in founder-owned Millennium. The transaction closed on November 30, 2021. Financial terms of the transaction were not disclosed.
Founded in 2004, and headquartered in Delavan, WI, Millennium is a service provider to the broadband infrastructure industry providing products and solutions to over 2,500 customers comprising networks, contractors, DOTs, municipalities, and utilities.
“Carlson Private Capital is the perfect partner to take Millennium to the next level,” James Kyle, Millennium Founder and CEO, said. “Through this process it’s clear that the culture and vision of Carlson and Millennium are tightly aligned, and the long-term mindset at CPC sets them apart from a ‘traditional’ private equity firm. It’s been our mission to build the company that consults, designs, finances, and supplies those wanting to build fiber networks in rural America. The Carlson team’s experience and network brings us the leverage to be the leader in this space and transform the expectations of our clients, helping them pass more homes with fiber even faster.”
Carlson Private Capital Partners was formed in 2018 by the Carlson family to provide investment options to founder-owned businesses that desire a long-term capital partner focused on enhancing their legacies and the communities in which they operate.
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