September 1, 2016
W.G. Nielsen & Co., a leading investment banking firm headquartered in Denver, CO, announced today that it acted as financial advisor to Manawa Telephone Company of Manawa, WI in its sale to Solarus.
About Manawa Telephone Company
Manawa Telephone Company is a telecommunications provider serving customers in and around Manawa, WI. Services include being a local exchange carrier, cable television provider, and broadband provider. Manawa will continue to operate under the Manawa Telephone name and will become a wholly owned subsidiary of Solarus. Tom Squires, CEO of Manawa Telephone, stated, "We are very excited about future integrations so we can continue to better serve our existing business and residential customers. I am confident this is the best fit for our customers and employees."
Douglas Wenzlaff, CEO of Solarus, stated, "This is a great fit that strengthens our core business and is a great strategic alliance for both companies. We are very excited about joining forces with Manawa and their employees." Solarus is the largest independent telephone company in Wisconsin, wholly owned by stockholders who are its customers. Solarus offers high speed internet and wireless broadband services, digital telephone, digital cable TV, MediaShower, and HomeMonitoring.
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 09/01/2016 Denver, CO