M&A Deal Summary

Tower Arch Capital Acquires CCI Network Services

On January 8, 2020, private equity firm Tower Arch Capital acquired communications company CCI Network Services

Acquisition Highlights
  • This is Tower Arch Capital’s 2nd transaction in the Communications sector.
  • This is Tower Arch Capital’s 13th transaction in the United States.
  • This is Tower Arch Capital’s 3rd transaction in Utah.

M&A Deal Summary

Date 2020-01-08
Target CCI Network Services
Sector Communications
Buyer(s) Tower Arch Capital
Deal Type Recapitalization
Advisor(s) FocalPoint Securities (Financial)
Sklar Kirsh (Legal)

Target

CCI Network Services

Salt Lake City, Utah, United States
CCI Network Services is a provider of diversified telecom services. CCI designs, provisions, and manages customized, mission-critical voice, data and cloud solutions for enterprise customers and small to medium-sized businesses. CCI Network Services was established in 2003 and is based in Salt Lake City, Utah.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer
DESCRIPTION

Tower Arch Capital is a lower middle-market private equity firm focused on partnering with and growing family and entrepreneur-owned companies. Tower Arch seeks US-based companies with $20 to $150 million in revenue and up to $30 million of EBITDA. Prospective transaction situations include buyouts, recapitalizations, and corporate divestitures. Tower Arch Capital was formed in 2013 and is based in Draper, Utah.


DEAL STATS #
Overall 13 of 17
Sector (Communications) 2 of 2
Type (Recapitalization) 13 of 16
State (Utah) 3 of 3
Country (United States) 13 of 17
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-10 Creedence Energy Services

Minot, North Dakota, United States

Creedence Energy Services is a provider of oilfield production chemicals, acidizing, and other oil field services in the Bakken and Permian basins. The company services oil wells and saltwater disposal wells throughout their lifecycle, providing a comprehensive chemical solution. Creedence Energy Services was established in 2014 and is based in Minot, North Dakota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-23 Pavion

Chantilly, Virginia, United States

Pavion connects and protects by providing fire, security, and communication integration solutions to customers in 48 U.S. locations and 22 countries. The company brings industry-leading experience to clients in the enterprise, healthcare, education, government, data center, and retail industries. Its mission is to bring clarity and transformation to safety, security, and communication through integral technology and radical service. Pavion was founded in 1969 and is based in Chantilly, Virginia.

Sell -