NTI Connect LLC (NTI), a Chicago-based broadband network engineering and deployment company, announced Friday the acquisition of Vertical Communications Inc. (VERTICOM). Based in Dallas with substantial operations across the South-Central United States, VERTICOM offers specialized in-house turnkey solutions to the nation’s wireless, small cell and fiber providers. NTI was acquired by ORIX Capital Partners in November 2018.
“The addition of VERTICOM allows us to scale our operations in a new area of the country with enhanced capabilities in the wireless and fiber segments,” said Jim Estes, CEO of NTI. “VERTICOM’s current base of operations in Dallas, Houston, Oklahoma City and Little Rock have allowed it to support the recent technology sector growth in the South. In addition, the strength of their people and brand have allowed VERTICOM to execute direct contracts with many of the nation’s top public and private digital infrastructure companies.”
“This is a great opportunity to enhance our people platform, elevate our strong brand and scale our technology to better serve our customers in support of NTI’s vision to be an industry-leading nationwide digital infrastructure services company,” said Jeff Lewis, VERTICOM’s founder, President and CEO. “We are excited for the next stage of VERTICOM’s evolution which will take us from a Regional superpower, to nationwide deployment teams and ultimately international operations through NTI’s European subsidiary.”
“We are building a technology services company with unique capabilities to support the next generation of digital infrastructure opportunities and sector growth,” said Chris Suan, President and Senior Managing Director of ORIX Capital Partners. “The acquisition of VERTICOM strengthens NTI’s position as a provider of wireless and fiber solutions on the cusp of the 5G revolution.”
December 16, 2019