AB Private Credit Investors (“AB-PCI”) acted as Sole Lead Arranger and Administrative Agent for senior secured credit facilities to recapitalize Neutral Connect Networks (“NCN”), a portfolio company of M/C Partners. AB-PCI leveraged its proactive focus and prior experience in the wireless industry to quickly and efficiently deliver a flexible financing solution with significant capacity for growth.
Founded in 2016 and based in Duluth, Georgia, NCN is a leading provider of wireless communications networks (including in-building wireless, managed Wi-Fi and small cells) used by major service providers to improve the quality of coverage with increased throughput and capacity in buildings, at sports and entertainment venues, in parks, transportation hubs, and business shopping districts around the U.S.
Based in Boston, Massachusetts, M/C Partners is a private equity firm focused exclusively on the communications, information technology services and media sectors.
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This announcement is not a recommendation of, or offer to buy or sell any security or financial instrument.