Tobin & Company Closes Sell-Side M&A Transaction

April 26, 2011 By: NCTechNews Category: Finance

(Charlotte, N.C.) Airimba Wireless, Inc.  – doing business as WindChannel Communications, Inc. –  recently announced that it has concluded a merger agreement with AireWire, Inc. to create a combined company providing an expanded and diversified portfolio of network integration, wireless broadband and municipal services.  Tobin & Company Securities LLC, a wholly-owned subsidiary of Tobin & Company Investment Banking Group LLC and a member of FINRA and the SIPC, advised WindChannel and served as its exclusive financial advisor in this transaction.

“We are excited about this opportunity to take AireWire and Airimba to the next stage,” stated AireWire CEO, Walt Henley. “Previously, our companies shared customer similarities in the tier two and tier three markets, but we concentrated on different types of customer needs. By bringing together the WindChannel and AireWire experience and capabilities, we are now better equipped to respond to a broader range of opportunities while strengthening our ability to service many more customers.”

WindChannel CEO Jim Szyperski added, “AireWire’s expertise in designing and building large wireless backhaul networks directly complements WindChannel’s more localized wireless applications for municipalities and retail internet users.  The combination creates a comprehensive end-to-end design, construction and operating capability that will provide great value to our collective customers.”

About Airimba Wireless, Inc. dba WindChannel Communications, Inc.

WindChannel provides government entities with wireless technology solutions for high-speed broadband, surveillance, public safety, transportation, ISP, and commercial applications. With offices in Atlanta, GA and Raleigh, NC, Airimba operates in ten states and continues to deliver on its vision of a world without wires. With its wireless technology implementation expertise and operational capabilities as a complete retail service provider, WindChannel is uniquely positioned to respond to the rising demand for secure, reliable, and flexible bandwidth solutions.   windchannel.com

About AireWire, Inc.

AireWire is a network engineering, integration, and operations firm with over 15 years experience in deploying carrier-grade wireless and wire line networks across the country. With offices in Atlanta, GA and Pensacola, FL, AireWire serves customers mainly in the Southeastern US. AireWire concentrates on delivering best-in-class network infrastructure, packet management, and network operations solutions for enhanced telecommunications, government, and commercial applications.  airewire.com

About Tobin & Company Investment Banking Group LLC

Tobin & Company, along with its subsidiary Tobin & Company Securities LLC, provides a range of investment banking services tailored to the needs of middle market businesses, their investors and their executives. Tobin & Company is dedicated to providing successful solutions in each of its engagements, effectively assessing market conditions and imparting its knowledge of strategy, innovative business models and technology to maximize clients’ return. Tobin & Company Securities LLC is a licensed broker/dealer and a member of the Financial Industry Regulatory Authority, Inc.   tobinandco.com

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