Toronto, ON – Pinpoint Capital Advisors1 (“Pinpoint”) acted as exclusive financial advisor to Signum Wireless Corporation (“Signum” or the “Company”) on its $15mm senior debt financing (the “Transaction”). The senior debt facility from CIBC, a leading, diversified North American financial institution will be utilized to accelerate the design, development and construction of its wireless communications sites and infrastructure portfolio across Canada.
Founded in 2011, Signum Wireless builds and owns wireless communication sites and infrastructure in Canada’s most populace provinces -Ontario, Quebec, Alberta and British Columbia. The senior management team includes highly-experienced Canadian telecommunications executives each with over 20+years experience.
The Signum Wireless’ communications site portfolio consists of highly attractive assets with secure, recurring revenues from long-term leases with primarily blue-chip tenants including Bell Mobility, Telus, Rogers Wireless and Videotron/Freedom Mobile. The portfolio benefits from strong organic growth through contracted escalators, new tenant colocation and lease amendments.
Pinpoint is a leading boutique advisory firm specialized in digital infrastructure including the tower, fiber and data center sectors. Pinpoint advises on transactions (including divestitures, mergers and acquisitions) and raises capital from lower-cost, longer-term institutional investors which helps its small and mid-market clients compete with even their largest competitors. Pinpoint has a reputation for developing winning transaction strategies for deals of virtually every size and type. Pinpoint’s extensive relationships span strategics, infrastructure and private equity funds, pension plans, insurance companies and family offices.