Spire Capital Partners and Gilberto Santaliz, a fiber optics communications executive, have formed a partnership to evaluate and seek investment opportunities in the fiber communications infrastructure industry.
“The communications infrastructure and services sectors, specifically the fiber communications infrastructure industry, are experiencing significant growth due to a number of factors including the ever increasing bandwidth consumption by consumers and businesses,” said Ben Meyer, Principal of Spire Capital Partners. “As private investors, we are constantly looking to partner with successful entrepreneurs to evaluate, invest in and build businesses and create value. Gil has shown the ability to build assets and enterprise value within the fiber communications industry. We look forward to working with Gil and leveraging his knowledge and expertise to make investments in this sector.”
Mr. Santaliz is the former founder, owner and CEO of 4Connections, which was a metro fiber provider in New Jersey that was sold to Optimum Lightpath, a unit of cable operator Cablevision in 2008.
“I am thrilled to be working with the Spire team who has significant experience investing in numerous industries including the communications infrastructure sector,” said Mr. Santaliz. “I see tremendous opportunity in the fiber communications sector and I know our collective experience and knowledge of this industry will uncover attractive companies and investment opportunities for us to work with, invest in and help grow.”
Spire Capital invests from $15 million to $40 million in companies with revenues of at least $10 million and EBITDAs of $5 million. Sectors of interest include business services, information services, media, education and communications. Spire Capital is currently investing out of its $320 million second fund. The firm is based in New York with an additional office in West Conshohocken, PA (www.spirecapital.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 2-20-13
