October 26, 2023 05:56 PM

NEW YORK–(BUSINESS WIRE)—Terramont Infrastructure Partners (“Terramont”), a North American infrastructure investment firm focused on middle-market opportunities, has announced a significant equity investment in Newbridge Wireless (“Newbridge” or the “Company”). Newbridge is a leading provider of mission-critical wireless infrastructure solutions, supporting mobile network operators and enterprise venues across North America.

“Finding the right partner is essential to our long-term success, and I am confident that this investment by Terramont positions us to become an even stronger partner to our customers and vendors,” said Michael Zhang, Founder and CEO of Newbridge Wireless.

About Newbridge Wireless

Founded in 2004 by telecom industry veteran Michael Zhang, Newbridge Wireless designs, deploys, owns, and operates carrier-grade last-mile wireless infrastructure. The company’s customers include medical facilities, universities, commercial real estate properties, and government campuses. With a growing portfolio of digital assets in major markets, Newbridge has become a trusted partner in delivering reliable connectivity.

Michael Zhang will continue to lead Newbridge as CEO, guiding the company’s future growth and innovation.

Investment to support growth

“Since its founding, Newbridge has prioritised technical excellence and customer care to support our partners in delivering essential carrier-grade connectivity solutions,” said Zhang. “We are thrilled to leverage Terramont’s expertise, capital, and resources to grow our business and enhance our ability to serve customers.”

Chris Pih, Partner at Terramont, commented: “We are excited to partner with Michael and his team as they continue to build a leading North American provider of in-building connectivity solutions. With their proven track record, Newbridge is well-positioned to capitalize on increasing demand for reliable network coverage and capacity, especially with the continued rollout of 5G and energy-efficient building standards.”

Michael Lehman and Vikram Singh, Managing Partners at Terramont, added: “Newbridge Wireless’ relentless focus on delivering customer-centric solutions aligns seamlessly with Terramont’s core values. We are eager to support Newbridge through this next phase of growth, leveraging our capital and industry expertise.”

About Newbridge Wireless

Newbridge Wireless is a leader in in-building connectivity solutions, with over 2,000 venues equipped with carrier-grade wireless infrastructure across North America. The company provides end-to-end services, including design, engineering, installation, monitoring, maintenance, and financing.

For more information, please visit www.newbridgewireless.com.

About Terramont Infrastructure Partners

Terramont Infrastructure Partners is a North American, middle-market infrastructure investment firm that invests in best-in-class businesses alongside high-caliber management teams. Terramont focuses on companies critical to the economy, with a commitment to measurable sustainability impacts. Its investment sectors include renewable power, sustainable energy, transportation, digital infrastructure, environmental services, and more. Terramont operates from offices in New York and San Francisco.

For more information, please visit www.terramontinfra.com.