Blue Sage Capital has completed the acquisition of Broken Arrow Communications, Inc. (“BACOM”), the company said.
Headquartered in Albuquerque, NM with 13 locations throughout the western US, BACOM provides services for the installation, modification, construction, and maintenance of wireless communication facilities and related infrastructure.
As a result of BACOM´s deep service offering and reputation for high-quality work, the company is poised to take advantage of strong tailwinds in the wireless industry including the expected rollout of 5G wireless networks and continued adoption of the Internet of Things technology.
Blue Sage partnered with Private Equity Capital Corporation (“PECC”), a Rancho Santa Fe, CA-based private investment firm, on the transaction.
Blue Sage was represented in the transaction by Graves Dougherty Hearon and Moody (legal), the Lockton companies (insurance), and BDO (tax and accounting).
Blue Sage Capital has over USD200m in assets under management and invests in profitable, growing, lower middle-market industrial, manufacturing, service and distribution companies with revenue of USD20 to USD100m.