Thursday, January 7, 2016
J5 Infrastructure Partners Sets Up Shop In Orange County
A new company, J5 Infrastructure Partners, has launched in Orange County, after the acquisition of two companies by private equity investor Ridgemont Equity Partners. Ridgemont said it purchase two, telecommunications infrastructure companies--Coretel Inc. and TowerCom Technologies LLC, to form Irvine-based J5 Infrastructure Partners. The new company, led by Jerrry Elliott, will provide acquisition, leasing, permitting, zoning, structural engineering, utility coordination and equipment installation services directly to wireless carries in the US. Ridgemont said that SR Capital Advisors also invested in the deal, and that debt for the deal was arranged by SunTrust Robinson Humphrey and provided by SunTrust Bank, MUFG Union Bank N.A. and U.S. Bank.