Boston, MA – August 18, 2017 – Wincove Private Holdings, LP (“Wincove”) and Stone-Goff Partners (“Stone-Goff”) announced today that they have invested in affiliated companies, Centerline Communications, LLC (“Centerline”) and TowerNorth Development, LLC (“TowerNorth” and together with Centerline, “the Company”).
Headquartered in Raynham, MA, Centerline provides turnkey wireless telecommunications infrastructure services to carriers, equipment suppliers, and tower operators. Services include project management and real estate services, outsourced maintenance services for HVAC and generator units at wireless sites, and general construction services including installation and equipment modification. Centerline provides services across the U.S., with a particularly strong presence in the Northeast and Mid-Atlantic markets. TowerNorth Development, an affiliated entity, is a telecommunications tower development company.
“We are excited to partner with Josh Delman, who will continue in his leadership as CEO and remain a large owner of the Company,” said Michael McGovern, Partner of Wincove. “The Wincove, Stone-Goff and Centerline principals all have a longstanding relationship with each other spanning many years, and we are excited to consummate this business partnership. Centerline is recognized by its customers for its ability to deliver turnkey, high value-added services, and we believe there is great opportunity to continue to build out the complimentary TowerNorth business.”
“Josh Delman has built an impressive platform in the telecommunications services industry, and we look forward to partnering with him and his team,” said Laurens Goff, Managing Partner of Stone-Goff. “We are thrilled about the opportunity to support Josh in the continued growth of Centerline and TowerNorth.”
Josh Delman, CEO of Centerline stated, “Centerline is excited to partner with Wincove and Stone-Goff as we take the next step toward growing our Company’s reach. We are confident that Wincove’s and Stone-Goff’s experience and track record of building businesses will help fuel our continued growth.” For more information about the Company, please visit www.centerlinecommunications.com.
About Wincove Private Holdings, LP
Wincove Private Holdings is an investment holding company that creates long-term capital appreciation for its shareholders by partnering with business owners, entrepreneurs and management teams to build market-leading companies. With offices in Boston and NY, Wincove has a permanent capital base, and can therefore stay invested in its partner companies for an unlimited time horizon. For more information about Wincove, please visit www.wincove.com.
About Stone-Goff Partners
With offices in New York and Boston, Stone-Goff Partners is a private equity investment firm that acquires and builds companies in the lower middle market. Founded in 2010, the firm leverages the extensive investment, strategic and operational experience of its principals in the consumer and business services sectors to serve as a value-added partner for its management teams, portfolio companies and limited partners. For more information about Stone-Goff, please visit www.stonegoff.com.