Concentric Equity Partners has acquired UCI Construction Services Inc. No financial terms were disclosed. Generational Capital Markets advised UCI on the transaction. Based in Tampa, Florida, UCI is a provider of infrastructure construction and installation for the wireless communication industry.
DALLAS, Jan. 13, 2015 /PRNewswire/ — Generational Capital Markets, Inc., member FINRA/SIPC, (“GCM”) an advisor to privately-held businesses for mergers & acquisitions, is pleased to announce the acquisition of its client UCI Construction Services, Inc., headquartered in Tampa, Florida, by Concentric Equity Partners, L.P.(Concentric), headquartered in Chicago, Illinois. The transaction closed December 12, 2014.
UCI Construction Services (UCI) is a leader in its industry, specializing in the construction and installation of infrastructure for the wireless communication industry. UCI also provides testing and inspections, management programs, co-location brokering, site certification, and more. Since 1996, UCI has been active in the telecommunication industry with project management experience throughout the United States. To read more, visit www.ucics.net.
Managing Director Tom Staszak and Vice President Chris Gain led UCI on the close of this acquisition. Tom Staszak stated, “UCI chose a partner in Concentric that will enable substantial growth for the Company for many years. Concentric is committed to investing in the future of UCI and they are actively pursuing additional growth opportunities. Todd Schlemmer and the management of UCI will remain as significant owners in the Company and they are excited about the future with Concentric. This is an ideal platform for growth.”
UCI is a strong fit with Concentric, which focuses on partnering with entrepreneurs and operators to significantly scale their businesses. Nick Sayers, Principal at Concentric, commented, “We see a tremendous opportunity with Todd and UCI to bring growth resources to a platform in a large and growing market.”
Joe Finney, Operating Partner at Concentric, added, “We envision a plan to recruit talented team members and partner with like-minded companies within the industry to take UCI to the next level.”
Concentric Equity Partners, L.P. is a private equity firm specializing in investments in middle market and mature companies. Concentric seeks to invest in business services, consumer services, financial services, and technology enabled services. To read more, visit www.fic-cep.com.
About Generational Capital, LLC
Generational Capital, LLC is a Dallas, TX based merger & acquisition advisory firm. Generational Capital wholly owns Generational Capital Markets, Inc., Member FINRA/SIPC. More information can be found at www.gencm.com. Generational Capital and Generational Capital Markets are affiliated with Generational Equity, LLC. Generational Equity’s website is www.genequityco.com and its online newsroom can be found at www.gecpress.com or http://blog.genequityco.com. Generational Equity was recently recognized by the M&A Advisor as the Valuation Firm of the Year.