Simplifi Wireless Group, LLC
Raised $32,500,000
Senior Secured Notes and Preferred Stock
-
Simplifi Wireless Group was a next generation neutral-host DAS provider with a foundation based on utilizing proprietary industry expertise to deliver wireless solutions that met the needs of both property owners and wireless carriers.
-
Distributed Antenna Networks ("DAS") dramatically improve wireless coverage by eliminating a bottleneck in signal distribution to wireless devices in high-occupancy facilities (such as large office buildings, stadiums and arenas, college campuses, and other public/private facilities).
-
Management also founded and controlled Connectivity Wireless Solutions, LLC (“Connectivity”), a $27 million+ DAS engineering, design, and construction firm.
Simplifi Wireless Group, LLC ("Simplifi" or the "Company") issued $32,500,000 in senior secured notes and preferred membership interests to fund the ownership, construction, and development of a portfolio of Distributed Antenna System (DAS) networks throughout the U.S.
Security sold by affiliate, Carolina Financial Securities, LLC.