High Street Global Advisors Announces the Sale of CMS Wireless to Enertech Holdings

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Enertech Acquires CMS Wireless.

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Enertech Holdings LLC (“Enertech”), a super-regional turnkey wireless infrastructures services company, announced today the acquisition of Arkansas-based CMS Wireless, LLC (“CMS”). Since its founding in 1995 in Little Rock, CMS has performed as a leading full-service provider to the wireless industry throughout Arkansas, Oklahoma, Missouri, Mississippi, and Western Tennessee.

Also included in the transaction is the Springfield, Missouri-based associate brand of CMS, Communication Integration Specialists, LLC (“CIS”).

Phil Whisenhunt, founder of both CMS and CIS, expressed excitement at joining the Enertech family of companies. “Our similar company cultures, core values, geographic footprint, and client mix, along with our tireless focus on safety position us to be a premier national resource to meet the rapidly growing and ever-changing needs of the wireless telecom industry.”

“CMS Wireless is a great company that has been on our radar for a long time and now that it’s all come together, we’re excited to share the news with everyone,” stated Enertech CEO, Eric Chase. “We think very highly of the great people who work there and have built the company into one that our customers trust and depend on. We also take great pride in knowing they share our core value of safety. We’ve long considered them to be good competitors in the industry, and we’re very proud to now be able to say they’re our partners.”

“As we transition into more and more 5G work, we need to be best positioned to support our clients growing needs. Joining with the Enertech team puts CMS Wireless in that setting and enables major growth opportunities and extended services offerings for both of our companies,” observed Todd Williams, President of CMS. “We look forward to expanding our abilities and capabilities as we grow into the future with Enertech and CMS as a team.”

CMS Wireless joins Enertech Resources, EasTex Towers, and Legacy Telecom in the Enertech Holdings family of companies.

The principals of High Street Global Advisors, through their broker dealer relationship with the unaffiliated entity, M&A Securities Group, Inc., served as exclusive financial advisor to CMS and CIS on their sale to Enertech.

About Enertech:
With 15 regional offices and a service area spanning across 20 states, Enertech and its member companies are the leading super-regional turnkey services producer in the wireless infrastructure space. Services provided include technology upgrades, structural engineering, macro tower builds, small cell, DAS, and 5G installations, tower modifications, generator services, project management, civil services, microwave networks, and more. The company is headquartered in New Braunfels, Texas. To learn more about Enertech and its member companies, please visit https://enertechholdings.com.

About High Street Global Advisors:
High Street Global Advisors (“HSGA”) is a telecom-focused strategic and investment banking advisory firm founded by former leaders of U.S. M&A and FP&A at American Tower. HSGA advises companies and investors along the telecommunications infrastructure, technology and services value chain providing clients with access to a global strategic and capital network, and extended reach into international M&A and investment opportunities. The breadth of HSGA’s advisory services and research allows it to keep pace with the dynamic movements of the global markets. For more information please visit http://www.hsgallc.com.

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Jonathan Loiacono