ClearRidge Announces Acquisition


ClearRidge, an Oklahoma Investment Banking and Business Advisory firm, announces the acquisition of Oklahoma company Eastpointe Industries (www.ep-ind.com) by Long Trail Holdings (www.longtrailholdings.com).

Eastpointe has been manufacturing custom, structural retro-fit communication tower components, as well as new towers for over 18 years. Eastpointe has the distinct capability to fabricate retro-fit components that exactly fit the existing wireless tower, without the need for costly refab work on site. Demand for their products continues to increase every year. Eastpointe’s products are shipped all across the U.S. for the leading U.S. wireless providers and tower owners, including Crown Castle, American Tower, AT&T, Verizon, US Cellular and T-Mobile.

Long Trail Holdings focuses exclusively on investing in growing, entrepreneurial or founder-owned businesses that are looking for a partner to take their business to the next level. Eastpointe is an ideal opportunity for Long Trail Holdings given the company’s focus on superior customer service, reputation for quality and timeliness, consistent repeat customer orders and reputation within the industry as a reliable solutions provider.

ClearRidge (www.clearridgecapital.com) advised the owners of Eastpointe in its search for a partner to help expand the platform that it built. “Long Trail Holdings was chosen as the ideal partner due to our experience working alongside entrepreneurs and founders, ability to source key management through our relationships within Eastpointe’s industry, and our transparent and partnership-oriented approach to deal making,” says Bruce Jones, managing director of ClearRidge. “Long Trail Holdings had the shared vision for the continued growth of Eastpointe, as well as the industry experience through their Board and limited partners that made them stand out as the ideal partner for Eastpointe.”

Eastpointe was represented in the transaction by Bruce Jones and Matthew Bristow, Managing Directors of ClearRidge. Terms of the transaction are not disclosed.

Updated 10-26-2015

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