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Mill Point Capital Affiliate Acquires Knight Enterprises

Mill Point Capital Affiliate Acquires Knight Enterprises

Clearwater, FL – April 14, 2020 – Knight Enterprises (“Knight”or the “Company”), a leading provider of critical communications infrastructure services, announced that it has been acquired by an affiliate of Mill Point Capital, a middle-market private equity firm focused on control investments in North America.
 
The Mill Point team employs an Executive Partner model and has extensive experience investing in transactions in the communications and business services sectors. Knight’s talented management team, including CEO Jason Welz, will continue to lead the Company and build upon its strong track record of growth and reliable customer service.
 
Knight is a leader in communications infrastructure services focused on engineering, construction, and maintenance in connection with the deployment, expansion or upgrade of new and existing critical communication networks. Key services include underground and aerial fiber and coaxial cable construction and maintenance. Since the Company’s founding in 1982, Knight has been a top service provider and innovator in the communications industry. The Company is headquartered in Clearwater, Florida, and primarily operates in the Southeastern U.S.
 
Jason Welz, CEO of Knight Enterprises, commented, “Our partnership with Mill Point provides meaningful experience and resources that will help us build upon a successful platform with significant growth opportunity.”
 
“Under the leadership of Jason Welz and his management team, Knight has grown into a true market leader in critical communications infrastructure services. We look forward to partnering with the Company to execute on multiple growth opportunities and other strategic initiatives,”said Michael Duran, Founder and Managing Partner of Mill Point.