TI Partners Advises Everywhere Wireless on Significant Growth Capital Investment from M/C Partners
M/C Partners has made a significant investment in Everywhere Wireless to accelerate the company's growth and innovation as it continues to obtain market share and expand throughout the greater Chicagoland area. TI Partners served as the exclusive financial advisor to Everywhere Wireless.
CHICAGO, Oct. 7, 2021 /PRNewswire-PRWeb/ -- TI Partners, a New York- and Atlanta-based advisory and investment firm, announced that its client, Everywhere Wireless, LLC ("Everywhere Wireless"), has received a growth investment from M/C Partners ("M/C"), a Boston-based private equity firm focused on small and mid-sized businesses in the communications and technology services sectors. Everywhere Wireless is one of the largest privately owned internet service providers to multi-family and commercial clients in the Midwest, providing services to over 500 properties in the greater Chicagoland area.
Keegan Bonebrake, Founder and CEO of Everywhere Wireless, said, "Having reviewed a number of advisory proposals, we eventually engaged TI Partners due to their specialized industry knowledge. We vetted a variety of strategic opportunities and once we decided on the right path forward, TI helped us secure an investment and partnership from a leading private equity firm in the telecommunications space. More importantly, Derick Schaudies and his team not only performed, but were great people to work with."
TI Partners is highly focused on "Technology as Infrastructure", across both software and broader connectivity. TI's principals have over 50 years of combined experience in this market. The team has executed over 105 M&A, restructuring and capital raising deals with cumulative transaction values over $170B with an 85% close rate in the past two years.
Tyler Olson of TI Partners commented: "It was a pleasure working with Keegan, a leading entrepreneur in the industry, and his team, as well as M/C Partners who has been a prolific fixed wireless investor and company builder. We look forward to seeing both parties succeed in this new partnership."
About Everywhere Wireless
Since its launch in 2012, Everywhere Wireless has grown to become the leading provider of Gigabit Internet to multi-family buildings and businesses across Chicagoland. The Internet-only company offers access to revolutionary, lightning-fast Internet speeds alongside unparalleled reliability, ensuring uninterrupted viewing of streaming services. As the largest independent Internet service provider of Gigabit speeds, the company works with leading brands, including Nike, Google, Amazon, and the Art Institute of Chicago, as well as the leading commercial and residential property developers and managers throughout Chicagoland.
The company has been named Chicago's Best Overall Internet Service Provider for three consecutive years and guarantees a 99.99% uptime to its customers. Using innovative fixed wireless and microwave technology, the company is able to deliver residential Internet speeds of up to 2,000 Mbps (2 Gigabits) and business speeds up to 10,000 Mbps (10 Gigabits).
About M/C Partners
Based in Boston, M/C Partners is a private equity firm focused on small and mid-sized businesses in the communications and technology services sectors. For more than three decades, M/C Partners has invested $2.4 billion of capital in over 140 companies, leveraging its deep industry expertise to understand long-term secular trends and identify growth opportunities. M/C has invested into companies ranging from Zayo to MetroPCS and the firm is currently investing its eighth fund, partnering with promising companies and empowering strong leaders to accelerate growth, optimize operations, and build long-term value.
About TI Partners
TI Partners is a full service financial advisory firm with offices in New York, Atlanta, and Los Angeles whose capabilities include buy-side, sell-side, equity and debt capital raises, as well as strategic advisory services.
Media Contact
Raj Patel, TI Partners, +1 (678) 331-7810, [email protected]
SOURCE TI Partners
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