Hudson Avenue Partners (“Hudson Avenue”) is pleased to announce that Wireless Vision, LLC (“WV” or the “Company”) has completed a recapitalization with Gemspring Capital (“Gemspring”), returning a majority ownership stake to the Company’s management team.
Hudson Avenue acted as advisor to the WV management team supporting its recapitalization of the Company.
Established in 2004 and headquartered in Bloomfield Hills, MI, Wireless Vision is the largest T-Mobile-exclusive premium retailer (“TPR”) in the country. Founder and family-operated, the Company independently manages a footprint of over 600 T-Mobile branded retail outlets across 27 states. Leveraging decades of retail and consumer-facing expertise, WV’s management team has successfully led the Company’s rapid organic and acquisition growth while developing a culture of best-in-class customer service focused upon satisfaction and loyalty.
For additional information, visit www.wirelessvision.com.
Gemspring Capital, a Westport, Connecticut-based private equity firm with $1.1 billion of capital under management, provides flexible capital solutions to lower middle market companies headquartered in the United States and Canada. Gemspring partners with talented management teams and takes a partnership approach to helping drive revenue growth and value creation. Target companies have up to $500 million in revenue and are in the business services, distribution and logistics, financial and insurance services, healthcare services, industrial services, software and tech-enabled services or specialty manufacturing sectors.
For additional information, visit www.gemspring.com.