Centerline Communications LLC ("Centerline") announced that it has completed the recapitalization of Notora, LLC ("Notora").
Notora is a radio frequency ("RF") engineering firm based in Atlanta, GA that specializes in the RF Engineering services required to successfully assess, design, test, and turn up Distributed Antenna ("DAS") and Small Cell systems.
Notora will maintain its brand and the Executive Team, including Founder and CEO David Hartin, will continue to operate and execute the day-to-day strategy. This partnership further strengthens the capabilities of the Centerline platform within the rapidly growing in-building and small cell space to provide comprehensive services that are value-added propositions to its customers.
Josh Delman, founder and CEO of Centerline, stated "Notora has built a phenomenal reputation and gained a great deal of momentum in the industry. We look forward to supporting Notora in expanding their services."
Centerline completed an equity recapitalization in August 2017 whereby Stone-Goff Partners and Wincove Private Holdings, LP became meaningful equity owners of the business, alongside Mr. Delman. The shareholders subsequently completed the recapitalization of Tower Resource Management, LLC, a provider of telecommunications infrastructure services, in March 2018. Centerline continues to seek further strategic acquisitions.
The shareholders of Centerline also operate an affiliated tower development business, TowerNorth Development LLC, which is also considering acquisition opportunities.
About Centerline Communications, LLC
Centerline provides turnkey wireless telecommunications infrastructure services to carriers, equipment suppliers, and tower operators. Services include project management and real estate services, outsourced maintenance services for HVAC and generator units at wireless sites, and general construction services including installation and equipment modification. Centerline provides services across the U.S., with a particularly strong presence in the Northeast and Mid-Atlantic markets. For more information about Centerline, please visit www.centerlinecommunications.com.
About Stone-Goff Partners
With offices in New York and Boston, Stone-Goff Partners is a private equity investment firm that acquires and builds companies in the lower middle market. Founded in 2010, the firm leverages the extensive investment, strategic, and operational experience of its principals in the consumer and business services sectors to serve as a value-added partner for its management teams, portfolio companies, and limited partners. For more information about Stone-Goff, please visit www.stonegoff.com.
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