SOURCE: O2 Investment Partners

July 27, 2016 07:00 ET

O2 Investment Partners Invests in CCSI Networks

BLOOMFIELD HILLS, MI--(Marketwired - July 27, 2016) - O2 Investment Partners (www.o2investment.com) announced today that it has made a significant investment in CCSI Networks (www.ccsinetworks.com), partnering with founders Terry and Gene Callahan and the CCSI Networks management team to continue growing the business. Terms of the investment were not disclosed.

Founded in 2003 and headquartered in Broadview, Illinois, CCSI Networks provides turn-key wireless network deployment services to the telecommunications industry. Formed through the merger of Callahan Communication Services, Four Leaf Construction, and CCSI Design, the combined company has deep expertise across all aspects of wireless network development and deployment for wireless carriers, MSOs, fiber CLECs, OEMs, and venue owners and managers.

Terry and Gene Callahan, co-founders of CCSI Networks commented, "We wanted to find a financial partner who supported our vision to offer a turn-key solution to the wireless market and provide seamless execution for our customers and channel partners. The recent addition of wireless and outside plant Engineering and Design teams to CCSI Networks highlights our commitment to providing the best possible service to our customers. We know that the O2 team shares our view on the wireless industry and will help drive our business to achieve our strategic goals."

Luke Plumpton of O2 Investment Partners, also commented, "We have great confidence in Terry, Gene, and the CCSI Networks team. They have built a fantastic business and have done an excellent job of positioning the company for continued growth. We thank our financial partners, Brightwood Capital, The Private Bank, and Alcentra Capital for their confidence and participation in this investment."

About O2 Investment Partners:
O2 Investment Partners is a Midwestern based private equity firm that seeks to acquire a majority interest in lower middle market manufacturing, niche distribution, and select service and technology businesses. The firm invests in businesses with earnings growth potential and a clear path to the creation of shareholder value.

O2 invests equity on behalf of its principals as well as a core network of other limited partners and strategic investors. The firm invests with a view toward partnering with management to build and grow the business and take it to its next stage of development. This requires not only a clear vision and strategic plan to create shareholder value, but a close partnership and alignment of interest with management.

About CCSI Networks:
CCSI Networks was formed through the merger of Callahan Communication Services, Four Leaf Construction, and CCSI Design. The company provides turn-key network development and deployment solutions including site acquisition, project management, installation, construction, and technical support and maintenance services to the telecommunications industry. The company was founded in 2003 by Terry and Gene Callahan and is headquartered in Broadview, Illinois.

Additional information is available at www.o2investment.com; www.ccsinetworks.com

Contact Information

  • CONTACT:
    Ron Hingst
    PR Services, Inc.
    (734-662-5544)

    Luke Plumpton
    O2 Investment Partners
    (248-554-4215)