M&A Deal Summary

BAI Communications Acquires Mobilitie

On June 28, 2021, BAI Communications acquired communications company Mobilitie from Shamrock Capital Advisors

Acquisition Highlights
  • This is BAI Communications’ 2nd transaction in the Communications sector.
  • This is BAI Communications’ 2nd transaction in the United States.
  • This is BAI Communications’ 1st transaction in California.

M&A Deal Summary

Date 2021-06-28
Target Mobilitie
Sector Communications
Buyer(s) BAI Communications
Sellers(s) Shamrock Capital Advisors
Deal Type Add-on Acquisition
Advisor(s) Morgan Stanley (Financial)
Goodwin Procter (Legal)

Target

Mobilitie

Newport Beach, California, United States
Mobilitie is a provider of wireless infrastructure. Mobilitie develops, operates, and leases communication towers, indoor and outdoor Distributed Antenna Systems (“DAS”), and other infrastructure that supports wireless communications. Mobilitie DAS networks are designed as neutral-host networks to enable the broadcast of the latest 4G technology from all wireless carriers. Mobilitie was founded in 2005 and is based in Newport Beach, California.

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Buyer(S) 1

Buyer

BAI Communications

Chatswood, Australia

Category Company
Sector Communications
DESCRIPTION

BAI Communications designs, builds and operates highly available communications networks – broadcast, radio, cellular, Wi-Fi – for our customers across the globe.


DEAL STATS #
Overall 2 of 4
Sector (Communications) 2 of 4
Type (Add-on Acquisition) 2 of 4
State (California) 1 of 1
Country (United States) 2 of 3
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-21 inMOTION Wireless

Boston, Massachusetts, United States

inMOTION Wireless, Inc. is a designer, builder, owns and operates wireless infrastructure, Wi-Fi, and fiber technology solutions to enable robust Wi-Fi and telecommunications services for Boston rail and ferry commuters. inMOTION Wireless was formed in 2009 and is based in Boston, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-01 Vilicom

Reading, United Kingdom

Vilicom is a provider of high-performance 4G and 5G mobile and cellular coverage solutions, with over 1,500 solutions deployed to date. The Company provides a range of specialist wireless services including consultancy, design, optimisation, testing and systems integration to support the delivery of private, indoor and offshore networks. Customers span a range of sectors including healthcare, real-estate, retail, hospitality, energy, and mobile network operators. Vilicom was founded in 1999 and is based in Reading, England.

Buy -

Seller(S) 1

SELLER

Shamrock Capital Advisors

Los Angeles, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1978
PE ASSETS 3.5B USD
Size Large
Type Sector Focused
DESCRIPTION

Shamrock Capital Advisors is a private investment focused exclusively on the media, entertainment, marketing, and communications sectors. The Firm will consider both control and minority positions and looks to commit $30 to $300 million per transaction. Target transactions include growth equity, leveraged/management buyouts, and recapitalizations. Shamrock was originally formed in 1978 as the investment vehicle for Roy Disney. The Firm is based in Los Angeles, California.


DEAL STATS #
Overall 24 of 27
Sector (Communications) 2 of 2
Type (Add-on Acquisition) 9 of 11
State (California) 9 of 10
Country (United States) 22 of 25
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-08 Iyuno-SDI

London, United Kingdom

Iyuno-SDI is a tech-enabled player with a proprietary cloud-based workflow platform and in the forefront of utilizing artificial intelligence to automate parts of the workflow. Iyuno-SDI is proud to provide exceptional clients with quality in end-to-end localization, media, and creative post-production services. Iyuno-SDI was founded in 2002 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-13 Appetize

Los Angeles, California, United States

Appetize is a cloud‐based, enterprise point of sale (“POS”) platform specifically focused on high‐velocity, large transaction volume locations such as sports & entertainment, education and other professional venues. Appetize was founded in 2011 and is based in Los Angeles, California.

Sell $415M