Neutral Connect Networks, a West Plam Beach, FL-based owner and operator of wireless communications infrastructure, secured $30m in funding.
M/C Partners led the investment.
Neutral Connect Networks also announced two acquisitions:
– DAS Communications, an operator of multiple wireless networks in Boston and New York; and
– 5 Bars, an Irvine, California-based neutral host distributed antenna system operator.
The financial terms of the deals were not disclosed.
John Clarey, 5 Bars’ former CEO, who will continue as an investor in NCN.
Led by newly appointed CEO Paul McGinn, Neutral Connect Networks is an independent owner and operator of wireless communications infrastructure with the primary focus being on building and operating multi-carrier neutral host DAS and small cell networks in venues and buildings throughout North America. It will now have a combined networks providing wireless service at such varied locales as the NRG Stadium in Houston, the Staten Island Ferry in New York, Boston’s Rose Fitzgerald Kennedy Greenway, Angel Stadium in Anaheim, Calif., and soon, the Colorado State University Stadium in Fort Collins, Colo.
McGinn was most recently the director of business development at Vertical Bridge and previously the CEO of CIG Wireless. He has more than 20 years of experience in the wireless industry, working with companies such as TCP Communications and SBA Communications. He has hired Brian Porter, former vice president of in-building at Ericsson, as the senior vice president of sales and operations for the new company. Porter has 17 years of wireless-industry experience with such companies as STI Brasil, American Tower, Fiber Tower and Spectra Site.
FinSMEs
11/07/2017