Harris Williams Advises Network Wireless Solutions on its Sale to Grain Management, LLC
June 02 2021 - 11:24AM
Business Wire
Harris Williams, a global investment bank specializing in
M&A advisory services, announces it advised Network Wireless
Solutions (NWS), a full-service distributor of mission-critical
materials and logistics solutions to the wireless
telecommunications industry, on its sale to Grain Management, LLC
(Grain). The transaction was led by Bob Baltimore, Graham Gillam,
Maury Nolen and Michael Tuohey of the Harris Williams Specialty
Distribution Group.
“NWS is recognized throughout the telecommunications sector for
its exceptional customer service, unmatched quality, and ability to
quickly distribute custom cabling and materials to
telecommunication customers—capabilities critical to the ongoing 5G
buildout across the industry, that have underpinned the company’s
growth, and are hallmarks of world-class distribution businesses,”
said Graham Gillam, a director at Harris Williams. “It has been a
privilege to work with Founder and CEO Jeff White, President John
Hamilton, CFO Bill Elkin and the entire team at NWS on this
transaction. We are excited to have helped them achieve an
exceptional outcome for the company and believe they have found an
excellent partner in Grain.”
“We continue to see investor interest in specialty distribution
platforms, especially for top-quality companies like NWS,” said Bob
Baltimore, a managing director at Harris Williams. “It was a
pleasure working with the NWS team on this transaction and we look
forward to seeing the company continue to capitalize on its success
during this next chapter of growth.”
Jeff White, CEO of NWS, added, “We are incredibly proud of our
team for all of the effort to get to this point. Harris Williams
has been a trusted partner for NWS throughout this transaction and
has delivered an excellent outcome for our team. We are delighted
that we had the opportunity to work with Harris Williams and are
thrilled to partner with Grain as we continue to execute and
deliver on our strategic plan.”
Since 2012, NWS has provided a wide array of mission-critical
services to the wireless telecommunications industry. The company
has established itself as a critical partner to carriers, project
managers, and general contractors through its expertise, quality of
service, and ability to develop and deliver custom cabling
solutions and equipment exactly when needed. By combining extensive
industry knowledge, a disciplined focus on customer service and
high-quality materials, NWS is a proven partner to keeping cell
sites running smoothly.
Grain is a leading private investment firm that focuses on
broadband infrastructure and technology companies that connect the
world to the information economy. Founded in 2007, Grain invests
exclusively in the telecommunications sector, employing a rigorous,
data-based process buoyed by deep industry expertise to identify
investment opportunities in key areas of telecommunications
infrastructure, including fiber networks, wireless spectrum and
cell towers.
Harris Williams, an investment bank specializing in M&A
advisory services, advocates for sellers and buyers of companies
worldwide through critical milestones and provides thoughtful
advice during the lives of their businesses. By collaborating as
one firm across industry groups and geographies, the firm helps its
clients achieve outcomes that support their objectives and
strategically create value. Harris Williams is committed to
execution excellence and to building enduring, valued relationships
that are based on mutual trust. Harris Williams is a subsidiary of
the PNC Financial Services Group, Inc. (NYSE: PNC).
Harris Williams’ Specialty Distribution Group has experience
across a variety of sectors, including automotive and heavy duty
aftermarket; building products; consumer; electrical and
communications; foodservice; healthcare; industrial; and
technology. For more information on the firm’s Specialty
Distribution Group, visit the Specialty Distribution Group’s
section of the Harris Williams website.
Harris Williams LLC is a registered broker-dealer and member of
FINRA and SIPC. Harris Williams & Co. Ltd is a private limited
company incorporated under English law with its registered office
at 8th Floor, 20 Farringdon Street, London EC4A 4AB, UK, registered
with the Registrar of Companies for England and Wales (registration
number 07078852). Harris Williams & Co. Ltd is authorized and
regulated by the Financial Conduct Authority. Harris Williams &
Co. Corporate Finance Advisors GmbH is registered in the commercial
register of the local court of Frankfurt am Main, Germany, under
HRB 107540. The registered address is Bockenheimer Landstrasse
33-35, 60325 Frankfurt am Main, Germany (email address:
hwgermany@harriswilliams.com). Geschäftsführer/Directors: Jeffery
H. Perkins, Paul Poggi. (VAT No. DE321666994). Harris Williams is a
trade name under which Harris Williams LLC, Harris Williams &
Co. Ltd and Harris Williams & Co. Corporate Finance Advisors
GmbH conduct business.
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For media inquiries, please contact Katie Langemeier at
media@harriswilliams.com.
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