14th Apr 2020 - 6:19pm

Mill Point Capital invests in Knight Enterprises

Submitted 14/04/2020 - 6:19pm

Knight Enterprises (Knight), a provider of critical communications infrastructure services, has been acquired by an affiliate of Mill Point Capital, a middle-market private equity firm focused on control investments in North America.

The Mill Point team employs an Executive Partner model and has extensive experience investing in transactions in the communications and business services sectors. Knight’s talented management team, including CEO Jason Welz, will continue to lead the Company and build upon its strong track record of growth and reliable customer service.

Knight is a leader in communications infrastructure services focused on engineering, construction, and maintenance in connection with the deployment, expansion or upgrade of new and existing critical communication networks. Key services include underground and aerial fibre and coaxial cable construction and maintenance. Since the Company’s founding in 1982, Knight has been a top service provider and innovator in the communications industry. The Company is headquartered in Clearwater, Florida, and primarily operates in the Southeastern US.

Jason Welz, CEO of Knight Enterprises, says: “Our partnership with Mill Point provides meaningful experience and resources that will help us build upon a successful platform with significant growth opportunity.”

“Under the leadership of Jason Welz and his management team, Knight has grown into a true market leader in critical communications infrastructure services. We look forward to partnering with the Company to execute on multiple growth opportunities and other strategic initiatives,” says Michael Duran, Founder and Managing Partner of Mill Point.

Tags Deals & Transactions Investments