BTG Pactual Strategic Capital Announces Strategic Investment to Support UniTek Global Services, Inc. in Its Next Phase of Growth
BTG Pactual Strategic Capital’s investment is in partnership with lead existing investor, New Mountain, to accelerate growth of the business
UniTek provides a comprehensive suite of broadband solutions, including engineering and design, fiber installation, and maintenance services for aerial and underground fiber infrastructure.
James Frank, Head of Strat Cap, said, “We are excited to partner with UniTek management and New Mountain Capital on this investment. With increasing bandwidth consumption, growing support for fiber expansion, and the increasing need for data center connectivity, UniTek is well positioned for substantial organic and inorganic growth. We believe this strategic collaboration will build upon the excellent foundation at the Company and position UniTek for long-term success.”
UniTek CEO, Charlie Smith, added “We are confident this transaction will deliver value for all of our stakeholders, including clients, employees and investors as it accelerates the growth strategy that we have developed for the company. Strat Cap’s investment is a recognition of the bright future ahead of our organization and we look forward to continuing to deliver top-tier infrastructure services and support to our clients across the US and
Harris Kealey, Managing Director at New Mountain Capital, commented, “The leadership team at UniTek continues to build on their reputation of providing excellent service to their clients. We are thrilled to continue our partnership with the team and are very excited to bring on Strat Cap as a partner to accelerate future growth in the very attractive fiber and broadband end markets.”
A&O Shearman served as legal counsel to UniTek.
Gibson, Dunn & Crutcher LLP served as legal counsel to Strat Cap.
About BTG Pactual Strategic Capital
BTG Pactual (BPAC11) is the largest investment bank in
About New Mountain Finance Corporation
New Mountain Finance Corporation (Nasdaq: NMFC) is a leading business development company (BDC) focused on providing direct lending solutions to
About UniTek Global Services, Inc.
UniTek is a leading broadband infrastructure services provider supporting the expansion of fiber and data center connectivity across the Southeast and Mid-Atlantic United States and
View source version on businesswire.com: https://www.businesswire.com/news/home/20250227884422/en/
Nick Weisser, nick.weisser@btgpactual.com
Source: BTG Pactual Strategic Capital