ORIX Capital Partners Acquires NTI Connect LLC
04 December 2018 - 1:00AM
Business Wire
ORIX Capital Partners announced today it has acquired NTI
Connect LLC (NTI), a Chicago-based provider of mission-critical
network deployment solutions in fiber optics, data centers,
wireless and video networks.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20181203005141/en/
“The NTI team has built a company that is an exceptional and
differentiated national leader in network deployment solution
services,” said Terry Suzuki, president and CEO of ORIX Capital
Partners. “Our country’s demand for highly scalable data capacity,
ever increasing fiber optic network reach, the upcoming 5G wireless
revolution and upgraded video networks will drive growing demand
for the services provided by NTI.”
Founded by industry executives with decades of experience, NTI’s
comprehensive network solutions platform addresses the critical
communications infrastructure needs of its customers. Among those
solutions: fiber optics installation, splicing and testing,
comprehensive data center infrastructure deployment, wireless
network design, installation and maintenance, including 5G
deployments, and full EF&I services for video network upgrades.
NTI self-performs the work and has direct relationships with over
130 customers across the country, including the majority of the
largest and most sophisticated network services providers and data
center operators. NTI maintains 10 offices throughout the country
and has several travel teams, allowing it to provide its services
on a national scale.
“We’re proud of what we’ve built so far and look forward to
partnering with ORIX Capital Partners to expand our business,” said
Lynn Refer, CEO of NTI. “We plan to continue expanding our
operations across the U.S. while adding to our breadth of service
offerings.”
The NTI management team will remain in place to continue
building the company alongside ORIX Capital Partners through
organic growth initiatives and add-on acquisitions.
“Having demonstrated high-quality services, dependability and
exceptional results for their blue-chip customers, NTI is a leader
in the networking industry,” said Chris Suan, senior managing
director at ORIX Capital Partners. “We are excited to partner with
the NTI team to build on their growth and momentum.”
Stifel served as financial adviser and Honigman Miller Schwartz
and Cohn LLP served as legal adviser to NTI. Weil, Gotshal &
Manges LLP served as legal adviser to ORIX Capital Partners. Prior
to the ORIX Capital Partners acquisition, NTI was a portfolio
company of O2 Investment Partners.
About NTI Connect
A proven leader in mission-critical network deployment
solutions, NTI provides premium services to the most sophisticated
networking and data infrastructure companies throughout the United
States and in Europe through three operating companies: National
Technologies, CCSI Networks and Fairhaven Integration Services. The
company’s comprehensive solutions platform includes fiber optics
installation, splicing and testing, data center infrastructure
deployment, wireless network deployment, and video engineer,
furnish and install. NTI has leveraged its technical expertise,
exacting quality standards and execution track record to establish
strong relationships with blue-chip customers, including the major
fiber, data center, wireless and cable operators.
www.nti-connect.com.
About ORIX Capital Partners
ORIX Capital Partners makes direct control private equity
investments that support growth and performance among established
middle-market companies throughout North America. The team’s
expertise spans industries including industrials, infrastructure
services, transportation and business services. ORIX Capital
Partners is a business unit of ORIX Corporation USA (ORIX USA), a
Dallas-based financial services firm. ORIX USA’s parent company,
ORIX Corporation, is a publicly owned international financial
services company with operations in 38 countries and regions
worldwide. For more information, please visit
www.orixcapitalpartners.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20181203005141/en/
Amanda Riderarider@marketwave.biz972.770.5083
Jeff SmithJeff.smith@orix.com214.237.2301
Orix (NYSE:IX)
Historical Stock Chart
From Jun 2024 to Jul 2024
Orix (NYSE:IX)
Historical Stock Chart
From Jul 2023 to Jul 2024