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Trive Capital Partners with Wilson Electronics
August 19, 2022 | PRNewswireEstimated reading time: 1 minute
Trive Capital, the Dallas-based private equity firm, is excited to announce its recent investment into Wilson Electronics. Wilson Electronics is a technology-driven wireless connectivity solutions provider, known as the market leader in cellular repeaters with commercial, consumer and carrier applications. Wilson Electronics is headquartered in Salt Lake City, Utah, has a manufacturing facility in St. George, Utah and has a R&D facility in Dallas, Texas.
David Stinnett, Partner at Trive Capital, commented, "We are excited to partner with Wilson Electronics' management in support of the next phase of the Company's growth as a global technology solution. We believe that Wilson Electronics is well positioned to be a trusted and innovative wireless connectivity solution to consumers, leading enterprises, and carriers in the transition to 5G and beyond."
Wilson Electronics CEO, Bruce Lancaster stated, "We are excited to form this new partnership with the Trive team as we collaborate on our next phase of growth. In addition to aligning with our principles and core values, Trive shares our vision for further expanding Wilson Electronics product offering, target customer base, and geographic coverage. Our partnership with Trive will allow us to continue serving our valued customers of over 20 years, while also allowing us to capitalize on this transformative period in wireless technology."
Moelis & Company acted as exclusive financial advisor to Wilson Electronics. Haynes & Boone LLP served as legal counsel to Trive Capital.
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