Alston & Bird client Ridgemont Equity Partners has acquired Cortel Inc. and TowerCom Technologies LLC, two telecommunications infrastructure companies serving the Western United States, and combined them to form J5 Infrastructure Partners.
J5 Infrastructure will offer services such as site acquisition, permitting, zoning, structural engineering and equipment installation to customers that include four of the top U.S. wireless carriers.
Based in Charlotte, Ridgemont is a middle market buyout and growth equity investor with a long history of investing in the telecommunications sector. Current portfolio companies include fiber optic network infrastructure companies Unite Private Networks LLC and Cross River Fiber LLC, for which Alston & Bird represented Ridgemont in acquiring both companies.
Advising Ridgemont was an Alston & Bird team led by partner William B. Snyder, Jr., associates Benjamin Weadon and Barrett Price and staff attorney Lauren Huddleston (Corporate & Business Transactions).