Buyout (LBO, MBO, MBI) • Construction

Wingate Partners and RedCloud Capital Acquire S&N Communications

On January 1, 2002, private equity firms Wingate Partners and RedCloud Capital acquired construction company S&N Communications

Acquisition Context
  • This is Wingate Partners’ 1st and RedCloud Capital’s 1st transaction in the Construction sector.
  • This is Wingate Partners’ 9th and RedCloud Capital’s 1st transaction in the United States.
  • This is Wingate Partners’ 1st and RedCloud Capital’s 1st transaction in Virginia.
Investment Fate
  • S&N Communications was sold to a consortium of financial buyers in 2012.
  • S&N Communications was recapitalized in 2023.

Explore All 424 Buyout (LBO, MBO, MBI) Construction Deals - Search the Database Free


M&A Deal Summary

Date January 1, 2002
Target S&N Communications
Sector Construction
Buyer(s) Wingate Partners
RedCloud Capital
Deal Type Buyout (LBO, MBO, MBI)

Target Company

S&N Communications

Louisa, Virginia, United States
S&N Communications is a specialty infrastructure services provider primarily focused on maintenance, repair, upgrade, and new construction services for communications and electric utilities infrastructure. S&N Communications was formed in 1977 and is based in Louisa, Virginia.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

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

Search Free

Buyers Overview 2

Buyer

Wingate Partners

Dallas, Texas, United States

Investor Investor Investor


Category Private Equity Firm
Founded 1987
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Wingate Partners is a turnaround investment firm that purchases controlling stakes in troubled manufacturing, distribution and service businesses headquartered in the US. Wingate looks to acquire under-performing companies, profitable businesses in changing or out of favor industries, and companies with incomplete management teams. Target businesses typically have revenues between $50 and $250 million. Wingate will not invest in banking, insurance, real estate, media, natural resources, and high technology. Wingate Partners was formed in 1987 and is based in Dallas, Texas.


Deal Context for Buyer #
Overall 9 of 27
Sector: Construction 1 of 2
Type: Buyout (LBO, MBO, MBI) 2 of 9
State: Virginia 1 of 1
Country: United States 9 of 27
Year: 2002 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-04-13 Reliant Building Products

Dallas, Texas, United States

Redman Building Products is one of the largest manufacturers of aluminum and vinyl windows in the United States.Reliant Building Products, formerly known as Redman Building.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-06-25 AmerCable

El Dorado, Arkansas, United States

AmerCable is a manufacturer of electrical power cables used in severe operating environments such as offshore drilling platforms and mines as well as specialized applications for automotive robotics and telecommunications. AmerCable was founded in 1899 and is based in El Dorado, Arkansas.

Buy $28M
DESCRIPTION


Deal Context for Buyer #
Overall 1 of 2
Sector: Construction 1 of 1
Type: Buyout (LBO, MBO, MBI) 1 of 2
State: Virginia 1 of 1
Country: United States 1 of 2
Year: 2002 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-01 Actagro

Biola, California, United States

Actagro LLC is a developer, manufacturer, and marketer of environmentally sustainable soil and plant health products and technologies. Actagro’s premier commercial portfolio includes approximately 30 specialty products that have a strong track-record of increasing crop productivity and financial returns for growers.

Buy -