Fort Lauderdale-based investment banking firm, Farlie Turner & Co., said it has announced the sale of IDC Joint Venture, LLC to Centerline Solutions, one of the nation´s fastest-growing providers of network infrastructure services to the wireless telecommunications industry.
Farlie Turner served as the exclusive financial advisor to the seller. Terms of the transaction were not disclosed.
Headquartered in Honolulu, IDC is one of the premier wireless construction firms in Hawaii. The acquisition of IDC makes Centerline Solutions one of the leading providers of wireless infrastructure services in that state. This strategic acquisition not only enhances the company´s current services in Hawaii, but makes Centerline Solutions the only full turnkey wireless services provider in the state.
Farlie, Turner & Co., LLC, and its affiliate Bayshore Partners, LLC, a broker-dealer registered with FINRA, provide merger and acquisition, private placement and financial advisory services to middle market companies.