FOR RELEASE: November 17, 2000

Overland Park, KS- November 17, 2000–Baker & Associates announced the completion of the acquisition of Allcomm, Inc. by Baker & Associates client SBA Communications Corp. Based in Denver, CO, Allcomm, Inc. is a builder of turnkey wireless communications sites. Established in 1994 by Ken Starbuck and Doug Warshel, the company now operates out of a leased space located in Lakewood, CO. Allcomm, Inc. currently has 25 employees with 20 working in the field and 5 as office staff.

Allcomm’s gross revenues for 1999 were $3.5 million. The majority of this revenue (70%) was generated by the new construction of various types of towers, which not only include standard self-supporting towers, but also include monopoles, treetop towers, church steeple towers, and clock towers. Commenting on the acquisition, Jerry Baker, Jerry Baker & Associates, Inc. president and founder said, "We were very pleased to have been able to assist in the negotiation and closing of this transaction. All the parties were equally happy with the deal."

Baker & Associates, Inc. based in Overland Park, Kansas, is a merger and acquisitions consultant founded in 1988, providing specialized industry expertise to both buyers and sellers. For information on this transaction, please contact Baker & Associates at (888) 792-2537.

 

 

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