PERLA CAPITAL PARTNERS INVESTS IN RED WING ENTERPRISES

 Provides Funding to Support Expansion Strategy

NEW YORK, December 6, 2011 – Perla Capital Partners, LLC, an investment firm with extensive experience in the telecom sector, announced today it closed on an investment in Red Wing Enterprises, LLC, a leading wireless services company based in New Jersey. 

Founded in 2000, Red Wing’s services include the construction, installation, optimization and maintenance of wireless communication facilities in New York, New Jersey, Connecticut, Delaware and Pennsylvania.  PCP’s investment provides Red Wing the wherewithal to serve its customers’ growing needs and achieve its expansion objectives.

“We’re delighted that PCP is investing in Red Wing at such an exciting time for the business,” said Roger O’Neill, CEO and Founder, Red Wing Enterprises.  “We are pursuing a variety of growth strategies, including increasing our share in existing markets, entering new geographies and expanding our range of offerings.  We are confident PCP will prove a valuable partner in these endeavors.”

“We are pleased to invest in a company with a record of impressive growth and profitability, and a stable and experienced management team,” said Matt Michaelis, Managing Partner of Perla Capital Partners.  “The combination of Red Wing’s capabilities, strong customer relationships and industry growth make this the right company for a PCP investment.”

“PCP’s investment will help us drive Red Wing to the next level,” said Tom Marciano, President of Red Wing.  “Perla shares our view on the potential for ongoing services driven by the accelerating demands on wireless networks.  We look forward to a long and successful partnership.”

About Red Wing Enterprises, LLC.

Red Wing is a leader in providing wireless services in New Jersey, New York, Connecticut, Delaware and Pennsylvania.  The company performs a wide variety of services including construction, installation, optimization and maintenance of wireless communication facilities.  For more information, please visit www.rwellc.com.

About Perla Capital Partners, LLC

PCP is an investment firm specializing in the wireless industry.  The firm invests in businesses with strong management teams and attractive growth opportunities.  More information about Perla Capital Partners can be found at www.perlacapitalpartners.com.