Telecommunications Acquisitions in 2017

Wincove Private Holdings and Stone-Goff Partners completed a recapitalization investment in Centerline Communications and affiliated TowerNorth Development. Management, led by CEO Josh Delman, will remain a significant owner as the investors provide capital and support to grow the telecom infrastructure and tower development platform.

ETAK Systems, a Charlotte-based portfolio company of Mosaic Capital Partners, has acquired an Ohio-based provider of wireless tower construction and site-acquisition engineering services. The add-on expands ETAK's geographic coverage into the Ohio Valley, adds tower crews and site management capabilities, and allows ETAK to integrate drone mapping and 3D modeling into the target's site-acquisition work.

Neutral Connect Networks (NCN), backed by M/C Partners, has acquired DAS Communications and 5 Bars to create a national neutral-host wireless infrastructure operator. M/C Partners committed up to $30 million to fund NCN's expansion; terms of the all-cash transactions were not disclosed.