O2 Investment Partners has made a significant investment in National Technologies in partnership with the company’s senior management team.
National Technologies (NTI) is a provider of specialized fiber optic technical services including fiber optic splicing, testing, connectivity and data center build-outs. The company was founded in 2009 by its CEO Brian James and is headquartered in the Chicago suburb of West Chicago with an additional office near Washington DC in Manassas, VA (www.national-technologies.com).
“I wanted to find a partner who would support my vision for this business and help me bring it to a national level, with a national footprint. The goal is to be able to service our customers 24/7 anywhere in the country. O2 understood this from day one and began working with me to put steps in place to accomplish this, even before we closed the deal,” said Mr. James.
Participating in this transaction with O2 is Brightwood Capital (www.brightwoodlp.com), The Private Bank (www.theprivatebank.com), and Alcentra Capital (www.alcentra.com). The Chicago office of Corporate Finance Associates (www.cfaw.com) introduced this investment to O2.
“We have great confidence in Brian James and his team and we’re looking forward to supporting his vision and bringing NTI’s capabilities to every major fiber optic market in the country,” said Luke Plumpton, a Vice President of O2.
O2 Investment Partners makes control investments in companies with EBITDAs from $2 million to $8 million located anywhere in the US and Canada but has a preference for the Midwest and the Great Lakes regions. The firm’s typical transaction size is $5 million to $50 million. Industries of interest include manufacturing, niche distribution, select service and technology businesses. O2 Investment Partners is based in the Detroit suburb of Bloomfield Hills (www.o2investment.com).
© 2015 PEPD • Private Equity’s Leading News Magazine • 10-16-15