W.G. Nielsen & Co. Financial Advisor to Crosslake Communications

September 29, 2016

W.G. Nielsen & Co., a leading investment banking firm headquartered in Denver, CO, announced today that it acted as financial advisor to Crosslake Communications in its sale to Tri-Co Technologies, LLC.

About Crosslake Communications

Crosslake Communications is a telecommunications provider serving customers in and around Crosslake, Minnesota. It was previously owned by the City of Crosslake. Crosslake Communications has provided telecommunications products to the area businesses and residents since 1925.

About Tri-Co Technologies, LLC

Tri-Co Technologies is a recently formed company comprised of the affiliates of three Minnesota-based independent telephone companies: BEVCOMM, Emily Cooperative Telephone Company, and West Central Telephone Association. The partnership will continue to operate using the name Crosslake Communications and the local office will stay open. Josh Netland, Emily Cooperative Telephone Company General Manager and President of Tri-Co Technologies said, "We are honored to be given the chance to become part of the Crosslake community. We look forward to working with the city and our new customers to bring more advanced telecommunications services to Crosslake. The partners have a long history of putting the customer first and we look forward to continuing this tradition in Crosslake."

About W.G. Nielsen & Co.

W.G. Nielsen & Co. is a Denver-based investment banking firm that specializes in mergers and acquisitions (sell side and buy side advisory services) and structured and leveraged financing transactions. W.G. Nielsen & Co., an independently owned, FINRA investment banking firm, offers clients innovative financing solutions. The firm enables select mid-sized clients to achieve their goals through strategic alliances, industry experience, and proven methodologies. Since the firm's inception in 1996, W.G. Nielsen & Co. professionals have completed transactions valued in excess of $4 billion.

For more information on this transaction, please contact Michael Mazer at 303.320.3777, or visit www.wgnielsen.com.

Posted 09/29/2016 Denver, CO

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