SRI CEO Tom Mix (left) and STS CEO Dave Anthony explained the benefits of the combined companies that will now be headquartered at SRI’s offices in Apex, N.C
Site Resources LLC (SRI), owned by H&N Holdings LLC (H&N) has purchased Shenandoah Tower Service Ltd. (STS) out of Staunton, Va. in an asset purchase deal.
STS’s CEO, Dave Anthony, a long-time safety advocate and active supporter of the National Association of Tower Erectors and the Telecommunicati6ons Industry Registered Apprenticeship Program said, “I have spent the last five years searching for the right company to take STS to the next level and I found that in SRI.”
SRI CEO Tom Mix explained that his firm was responding to their customers’ requests “to cover a larger footprint, while providing yet another staffed equipment yard for RLI,” and the combined companies will now have the assets and talent in place to meet their requirements.
SRI has been serving the wireless telecommunications industry since 1998 while STS entered the industry in 1983.
Services offered by both include green field cell site construction as well as upgrades, expansions, audits, testing, inspections, repairs and maintenance of existing wireless network infrastructures. Since their founding, both SRI and STS, have completed thousands of projects for major carriers in the Eastern USA and beyond.
They serve Fortune 500 clients with the highest standards of service, workmanship, and innovation available in the wireless industry.
The combined companies are headquartered in Apex, a suburb of Raleigh, N.C.
Warehouse, equipment yard and office facilities are maintained in N.C., Fla. and now Va.
SRI’s sister company, Recovery Logistics LLC (RLI), also owned by H&N, maintains additional equipment yards in Va., Ind., Tex. and Nev. RLI provides disaster recovery services to major telecom and power utility clients throughout the USA. This acquisition will benefit RLI with quicker access to the northeastern USA when hurricanes or other disasters strike.
With 5G just around the corner, Mix said, “The past few years have been challenging in the industry causing many contractors to shut their doors. SRI is now primed for growth in the coming years as industry demand will significantly outpace supply.”