TOKYO, Japan – December 4, 2018 – ORIX Corporation (“ORIX”) announced today that ORIX Capital Partners*, a subsidiary of ORIX, acquired NTI Connect, LLC (NTI), a Chicago-based provider of mission-critical network deployment solutions in fiber optics, data centers, wireless and video networks.
“The NTI team has built a company that is an exceptional and differentiated national leader in network deployment solution services,” said Terry Suzuki, president and CEO of ORIX Capital Partners. “Our country’s demand for highly scalable data capacity, ever increasing fiber optic network reach, the upcoming 5G wireless revolution and upgraded video networks will drive growing demand for the services provided by NTI.”
Founded by industry executives with decades of experience, NTI’s comprehensive network solutions platform addresses the critical communications infrastructure needs of its customers. Among those solutions: fiber optics installation, splicing and testing, comprehensive data center infrastructure deployment, wireless network design, installation and maintenance, including 5G deployments, and full EF&I services for video network upgrades. NTI self-performs the work and has direct relationships with over 130 customers across the country, including the majority of the largest and most sophisticated network services providers and data center operators. NTI maintains 10 offices throughout the country and has several travel teams, allowing it to provide its services on a national scale.
“We’re proud of what we’ve built so far and look forward to partnering with ORIX Capital Partners to expand our business,” said Lynn Refer, CEO of NTI. “We plan to continue expanding our operations across the U.S. while adding to our breadth of service offerings.”
The NTI management team will remain in place to continue building the company alongside ORIX Capital Partners through organic growth initiatives and add-on acquisitions.
“The NTI team are leaders in the networking industry, having demonstrated high-quality services, dependability and exceptional results for their blue-chip customers,” said Chris Suan, senior managing director at ORIX Capital Partners. “We are excited to partner with the NTI team to build on their growth and momentum.”
Stifel served as financial adviser and Honigman Miller Schwartz and Cohn LLP served as legal adviser to NTI. Weil, Gotshal & Manges LLP served as legal adviser to ORIX Capital Partners. Prior to the ORIX Capital Partners acquisition, NTI was a portfolio company of O2 Investment partners.
*Previous news releases on ORIX Capital Partners
ORIX USA Group Launches IX Capital Partners in US (March 22, 2016)
RoadSafe Traffic Systems Acquires Protection Services Inc. (November 21, 2016)
ORIX Capital Partners Acquires Hoffman Southwest Corporation (February 7, 2017)
RoadSafe Traffic Systems Acquires Beth’s Barricades (July 25, 2017)
ORIX Capital Partners Acquires Peak Utility Services Group (June 29, 2018)
Corporate Planning Department