HALO Networks, LLC Announces Comprehensive Debt Refinancing and Upsizing
Overland Park, KS and Omaha, NE – HALO Networks, one of the nation’s leading providers of neutral host wireless infrastructure solutions, has recently completed a comprehensive debt refinancing and upsizing. This new facility will serve to enhance HALO’s financial profile and allow the Company to accelerate its growth amidst unprecedented investment in 5G wireless network expansion and densification across the country. HALO Networks specializes in designing, building, owning, and operating wireless networks, including in-building public and private networks, indoor and outdoor small cell networks, rooftop macro cellular sites, and outdoor sporting venues and campus solutions.
Since its founding in 2010, HALO Networks has completed over 1,000 network deployments and currently operates in 43 states. The company has seen record growth over the past two years, doubling the number of on-air venues, revenue, and node cash flow. Jim Hyde, HALO’s CEO, expressed his pride in the team’s exceptional customer service over the past few years, stating, “This new upsized credit facility will enable us to continue to exceed customer expectations and accelerate our network deployments, addressing the largest backlog of business we have had in our history.”
Woodforest National Bank acted as the Administrative Agent/Lead Arranger for the new credit facility. Rothschild & Co. served as the exclusive financial advisor to the Company. Terms of the transaction were not disclosed.
About HALO Networks
HALO is an industry leader in DAS, wireless infrastructure, and next-generation in-building and outdoor mobile wireless systems, providing the most advanced technologies that support LTE, 5G, and CBRS services. With over 14 years of experience and more than 1,000 deployments across the US, HALO delivers solutions for various sectors including Commercial Offices, Hospitality, Arenas, Resorts, Retail, Residential, and Healthcare venues. They offer flexible funding options, including Enterprise, as a Service Opex, and Neutral Host solutions, encompassing design, engineering, deployment, project management, installation, monitoring, maintenance and future upgrades.
For more information, visit www.HALONetworks.com or follow on LinkedIn or Twitter.
Media Contact:
Blake Richards
SVP & General Counsel
[email protected]
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