Successful Six-Year Growth Partnership Concludes with Sale to Sentinel Capital Partners
Spartanburg-based private investment firm, WJ Partners announced it has sold its interest in Mobile Communications America (MCA) to Sentinel Capital Partners.
Terms of the transaction were not disclosed.
Since being acquired by WJ Partners in 2013, MCA has completed 16 add-on acquisitions and grown from a small business with 75 employees across four service locations into a leading provider of communications solutions and services for mission-critical, commercial and industrial markets. MCA is now the largest service provider for Motorola Solutions in the U.S., with more than 500 employees across 41 service locations in seven states.
Since its investment in 2013, WJ Partners strengthened MCA’s leadership team, provided support for acquisitions, and helped develop the company’s growth strategy. Executive Chairman Mark Blackman and CEO Vince Foody, the executive team installed by WJ Partners, will continue to lead the company.
“We are extremely pleased with the success Mark and Vince have achieved for MCA over the past six years as they built an outstanding team, established a culture of growth, and completed 16 acquisitions,” said Benjamin Wall, co-founder and managing partner of WJ Partners.
“We are confident MCA has found a great new partner that will help the company build on the solid foundation it has created. We wish the MCA team and Sentinel Capital Partners continued success.”