Wincove and Stone-Goff Lead Recapitalization of Centerline Communications and TowerNorth Development

BOSTON, August 18, 2017 – Wincove Private Holdings, LP (“Wincove”) and Stone-Goff Partners (“Stone-Goff”) announced today that they have invested in affiliated companies, Centerline Communications, LLC (“Centerline”) and TowerNorth Development, LLC (“TowerNorth” and together with Centerline, “the Company”).

Headquartered in Raynham, Mass., Centerline provides turnkey wireless telecommunications infrastructure services to carriers, equipment suppliers and tower operators. Services include project management and real estate services, outsourced maintenance services for HVAC and generator units at wireless sites and general construction services including installation and equipment modification. Centerline provides services across the U.S., with a particularly strong presence in the Northeast and Mid-Atlantic markets. TowerNorth Development, an affiliated entity, is a telecommunications tower development company.

“We are excited to partner with Josh Delman, who will continue in his leadership as CEO and remain a large owner of the Company,” said Michael McGovern, partner of Wincove. “The Wincove, Stone-Goff and Centerline principals all have a longstanding relationship with each other spanning many years, and we are excited to consummate this business partnership. Centerline is recognized by its customers for its ability to deliver turnkey, high value-added services, and we believe there is great opportunity to continue to build out the complimentary TowerNorth business.”

“Josh Delman has built an impressive platform in the telecommunications services industry, and we look forward to partnering with him and his team,” said Laurens Goff, Managing Partner of Stone-Goff. “We are thrilled about the opportunity to support Josh in the continued growth of Centerline and TowerNorth.”

Josh Delman, CEO of Centerline stated, “Centerline is excited to partner with Wincove and Stone-Goff as we take the next step toward growing our Company’s reach. We are confident that Wincove’s and Stone-Goff’s experience and track record of building businesses will help fuel our continued growth.”

For more information about the Company, please visit www.centerlinecommunications.com.