Jun 30, 2022

Capstone Partners Advised ConcealFab on its Sale to Valmont Industries, Inc

Capstone Partners advised ConcealFab, an industry leader in 5G infrastructure and Passive Intermodulation Mitigation (PIM) solutions, on its sale to Valmont Industries, Inc (Valmont). Terms of the deal were not disclosed.

Founded in 2007 in Colorado Springs, CO., ConcealFab has been recognized as one of the fastest growing companies in the telecom industry. Their success is a result of their first-to-market innovation, customer-centric fulfillment strategy, and ability to design, manufacture, and meet ever-changing and specific industry demands. ConcealFab’s partnerships with wireless operators, utilities, and major OEMs have also been a key driver in their rapid growth and will continue to support future expansion.

Capstone was honored to work with Jonathan and his team to complete this transaction. We look forward to watching ConcealFab continue to grow and innovate across the mobile landscape.

Paul JansonChief Operating Officer and Head of the firm’s Telecom Investment Banking Group, Capstone Partners

“As an early innovator in 5G and small-cell infrastructure, ConcealFab has been bridging the gap between an evolving technology and market needs for 15 years, and this combination with Valmont presents an accelerated path for further growth and expansion,” said ConcealFab CEO Jonathan Fitzhugh. “Valmont’s global manufacturing footprint and established presence with key stakeholders uniquely position us to meet the anticipated ramp in demand for telecom infrastructure across the U.S. and beyond. We are looking forward to improving connectivity for customers around the world.”

Valmont Industries Inc. is a global leader in creating vital infrastructure and advancing agricultural productivity around the world. For over 75 years, they have been committed to conserving resources and improving quality of life. Since the founding in 1946, they have pursued opportunities for growth, developed solutions through innovative technology, implemented sustainable practices, and maintained market leadership within dynamic industries.

Valmont’s telecom strategy is focused on three key objectives: providing vital end-to-end infrastructure products, spreading inclusive connectivity by investing in strategic partnerships, and expanding its manufacturing footprint globally. Valmont’s acquisition of ConcealFab brings this strategy to life and positions the combined business for accelerated expansion in the concealment, PIM solutions, and Radio Frequency (RF) markets.

“Valmont is advancing our infrastructure portfolio with a greater focus on high-growth and high return on invested capital opportunities,” said Valmont’s Aaron Schapper, Group President, Infrastructure. “The future of infrastructure, especially in the telecommunications space, relies on connectivity, sustainable solutions, and seamless expansion across the globe. I’m proud to say that together, this partnership will play a central role in meeting the integrated telecommunication needs of the future by leveraging our companies’ deep customer relationships, customer-centric values, and our combined footprint to accelerate our growth strategy.”

The expert investment banking professionals on Capstone Partners’ Technology, Media & Telecom Team work with leading middle-market telecom companies to maximize financial outcomes at every stage of the business lifecycle.  Our firm has developed a full suite of corporate finance solutions, including M&A advisory, debt advisory, financial advisory, and equity capital financing to help privately owned businesses and private equity firms address any need, ranging from growth and financial or operational advisement to an ultimate exit transaction.  To learn more about this transaction, or about the benefits of starting a relationship with our Telecom Banking Team, contact us here.