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New Deal


Announced

Completed

Bow River Capital completed the acquisition of Modus from Titan Grove.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Telecommunications infrastructure

Friendly

Acquisition

United States

Domestic

Private Equity

5g infrastructure

Majority

Completed

Private

Single Bidder

Synopsis

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Bow River Capital, a private equity firm based in Denver, completed the acquisition of Modus, a 5G infrastructure services company, from Titan Grove, a private holding company. Financial terms were not disclosed. "Smart cities, industrial automation, autonomous vehicles, and the evolution of connectivity and communication all depend upon a densified next generation wireless network. On behalf of its customers and their communities, Modus solves the challenges of network deployment and densification. We look forward to our journey with Modus and the potential innovative use cases brought forth by the next generation of wireless networks," Robert Fortier, Bow River Capital Vice President.

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