Investment Summary

Astra Capital Management Invests In Communication Technology Services

On February 11, 2020, private equity firm Astra Capital Management invested in communications company Communication Technology Services

Investment Highlights
  • This is Astra Capital Management’s 2nd transaction in the Communications sector.
  • This is Astra Capital Management’s 2nd transaction in the United States.
  • This is Astra Capital Management’s 1st transaction in Massachusetts.

Investment Summary
Date 2020-02-11
Target Communication Technology Services
Sector Communications
Investor(s) Astra Capital Management
Deal Type Growth Capital

Target

Communication Technology Services

Marlborough, Massachusetts, United States
Communication Technology Services is a trusted integrator for all major wireless service providers, having successfully deployed over 9,000 distributed antenna systems nationwide. With over three decades of history, CTS is designing, building, managing, servicing, and consulting on DAS projects, large and small, across all vertical markets nationwide. Building upon its robust experience and knowledge in general contracting, project management, and structured cabling, CTS has evolved into the premier provider of services for the wireless industry including DAS, wireless LAN, and private network/small cell solutions integrating public safety, commercial cellular and other wireless technologies to provide world-class communication systems. Communication Technology Services was formed in 1990 and is based in Marlborough, Massachusetts.

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Investor(S) 1

Investor

Astra Capital Management

Investor Investor Investor Investor

Category Private Equity Firm
Founded 2014
Size Small
Type Sector Focused
DESCRIPTION

Astra Capital Management is a private equity firm that specializes in growth buyouts in the communications and technology Services industries. The Firm targets businesses valued up to $500 million where it can commit $25 to $100 million per investment. Specific areas of interest include mobile communications, broadband, and technology-enabled services. Prospective companies typically possess proven technology, highly scalable business models, and significant potential for growth. Astra Capital Management was formed in 2014 and is headquartered in Washington DC.

DEAL STATS #
Overall 3 of 4
Sector (Communications) 2 of 2
Type (Growth Capital) 2 of 3
State (Massachusetts) 1 of 1
Country (United States) 2 of 3
Year (2020) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-01 Searchlight Cyber

Portsmouth, United Kingdom

Searchlight Cyber provides Deep and Dark Web threat intelligence software for government agencies and enterprise customers. Searchlight Cyber is based in Portsmouth, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-06 DartPoints

Dallas, Texas, United States

DartPoints is an owner and operator of edge colocation data centers in all forms of real estate empowering the benefits of the edge and driving high-performance ecosystems for carriers, cloud, content providers, and enterprises. DartPoints was founded in 2012 and is based in Dallas, Texas.

Buy -
Mergr

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