Wilcon has announced that it has entered into a definitive agreement to be acquired by Crown Castle International Corp.
“I am pleased to announce our agreement with Crown Castle,” said Jon A. DeLuca, president and CEO, Wilcon. “Since 1998, Wilcon has provided innovative network infrastructure solutions and exemplary service to leading businesses throughout Southern California. We are excited to be part of Crown Castle and look forward to expanding our capabilities for our valued customers.”
Pamlico Capital, a leading middle market private equity firm focused on growth oriented businesses, was the majority owner of Wilcon. “We have enjoyed partnering with Jon DeLuca and his team as they significantly increased the company’s fiber footprint, completed a strategic acquisition, enhanced the company’s value proposition to its customers, and successfully scaled the business over the last five years,” said Scott Stevens, partner, Pamlico.
The Bank Street Group LLC served as exclusive financial advisor and Alston & Bird LLP served as legal counsel to Wilcon and Pamlico in connection with this transaction.