|By PR Newswire||
|March 31, 2014 05:00 AM EDT||
SALT LAKE CITY, March 31, 2014 /PRNewswire-USNewswire/ -- ACG Utah has a long tradition of honoring dealmakers in the Utah business community—those who have successfully led the charge in driving growth in their organizations. With a focus on "Deals Happen Here," ACG Utah reviewed the middle-market M&A transactions occurring in Utah during 2013, seeking deals that involved Utah companies, capital providers, lenders and advisors.
One deal that stood out to the judging panel was Sorenson Capital Partners' acquisition of St. George-based Wilson Electronics. In working through the acquisition, Sorenson Capital brought several Utah firms to the table, including Zions Bank, Diversified Insurance Group, Durham Jones & Pinegar, Grant Thornton and several other advisory services. Sorenson's investment in Wilson Electronics will allow the company to grow and expand here in Utah, providing increased economic value for St. George and the surrounding communities in southern Utah.
LeGrand Lewis, a principal with Sorenson Capital, said, "We are very excited about our partnership with Wilson Electronics and ACG's recognition of the transaction. As the leading private capital provider in Utah, we are proud to have been part of a transaction that brings national recognition to the impressive entrepreneurial culture and capital markets resources of Utah."
"It certainly is exciting to see deals such as the Wilson Electronics transaction and the direct impact that it has on our state economy and for the communities in southern Utah," said Regan Guth, President of ACG Utah. "We are pleased to recognize the accomplishments Robert Van Buskirk and Wilson Electronics with the 2014 ACG Utah Dealmaker of the Year Award. "
Robert Van Buskirk, CEO and president of Wilson Electronics, said it was an honor for Wilson Electronics to be recognized by the ACG. "We see tremendous opportunities ahead for Wilson in the global cellular signal booster market, and we are committed to diligently pursuing those growth opportunities," he said. "Our vision is to achieve sustainable growth by focusing on our customers and our people, our partners and our products. By enabling and enhancing mobile and fixed cellular connectivity for consumers, we're confident Wilson Electronics will continue to provide a positive impact on our local economy and the state of Utah."
ABOUT WILSON ELECTRONICS, LLC
Wilson Electronics, LLC, a leader in the wireless communications industry for more than 40 years, designs and manufactures the industry's broadest product portfolio of cellular signal boosters, antennas and related components that significantly improve fixed and mobile cellular communication for use in consumer, enterprise and industrial applications worldwide. All Wilson products are designed, manufactured and tested at the company's U.S. headquarters. Wilson signal booster product solutions fully comply with FCC regulations and are FCC type accepted and Industry Canada (IC) certificated. For more information visit www.wilsonelectronics.com.
CONTACT: Linda Baker, 801-359-8613, [email protected]
SOURCE ACG Utah