Global solutions provider Raycap has acquired North Charleston, S.C.-based STEALTH Concealment Solutions, Inc. to further expand the success of both companies in new and existing markets. The transaction closed on June 29, 2018 and was announced today.
“We’re excited to be entering into this relationship with a quality company that is very highly focused on supporting the needs of the customer,” said Raycap Group CEO, Dr. Kostas Samaras.
“In acquiring a concealment industry leader like STEALTH, we will look for synergies in our solutions and product offerings so we can serve our customers and our markets even better than each company did so far.”
STEALTH created the first-ever RF-transparent concealment system in 1992 to prevent jeopardizing the appearances of existing structures when adding antennas. Raycap’s acquisition of STEALTH will expand the reach of STEALTH’s products and take its custom concealment solutions global.
Raycap’s immediate plans to invest and grow STEALTH will greatly strengthen the brand’s position in the wireless industry.
According to STEALTH’s CEO, Sean McLernon, “Being exposed to the various resources inside the Raycap Group will position STEALTH to expand and enhance its capabilities while it continues to deliver the most innovative concealments in the telecommunications industry.”
Under the umbrella of the Raycap Group, STEALTH expects to continue its success by providing the highest quality testing and most innovative concealment options for mobile carriers deploying macro and small cell sites.