Svoboda, Collins L.L.C. Completes Sale of MilesTek Corporation
Chicago, IL – January 23, 2007 – Svoboda, Collins L.L.C. announced today that it has sold its equity investment in Denton, TX - based MilesTek Corporation to Castle Island Partners, LLC, a private equity firm based in Boston. Capstone Partners, LLC acted as MilesTek’s exclusive investment banking advisor in connection with the transaction.
MilesTek Corporation is a specialty, value-added distributor of private label and branded
electronic connectivity components including cables, connectors and installation tools.
Founded in 1981 as a supplier of custom designed telecommunications products,
MilesTek has grown to become a global catalog and Internet direct marketer delivering
product and custom cable assemblies to over 25,000 customers. Acquired by Svoboda, Collins in late 2000, MilesTek serves customers in the contractor & installer,
system/network integrator, telecommunications, audio/visual, educational, government,
and military markets.
About Svoboda, Collins L.L.C.
Svoboda, Collins L.L.C. is a Chicago-based private equity firm with over $200 million
of committed capital. Founded in 1998, Svoboda, Collins identifies, invests in and
helps build excellent businesses in its targeted business niches: value-added
distribution, business services and consumer products and services. For more
information, please visit www.svoco.com.
For more information about MilesTek, please visit www.milestek.com.
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