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Wireless Vision recap with Fifth Third Bancorp

Southfield, MI – Jan 6, 2014 – P&M Corporate Finance (“PMCF”) is pleased to announce that it served as the exclusive financial advisor to Wireless Vision Holdings, LLC and its subsidiaries (“Wireless Vision” or the “Company”), of Bloomfield Hills, MI in a debt recapitalization (the "Transaction”). Fifth Third Bancorp (“Fifth Third”), of Cincinnati, OH provided senior credit facilities. The Transaction provided Wireless Vision with capital to support growth initiatives and refinance existing debt.

Established in November 2004, Wireless Vision (www.wirelessvision.com) has grown to become the largest T-Mobile exclusive retailer in the country. The Company operates over 200 T-Mobile stores in 14 metropolitan areas across 13 states. Leveraging decades of retail experience, Wireless Vision’s management has instituted a culture of quality customer service, driving customer satisfaction and loyalty. Through this transaction, the Company is poised to achieve its growth objectives with T-Mobile.

Fifth Third is a publicly traded (Nasdaq:FITB) diversified financial services company with $133 billion in assets. It operates 15 affiliates with 1,309 full-service banking centers. Fifth Third served as the sole lead arranger and administrative agent for the Transaction. Saber Ammori, Wireless Vision CEO, stated, “Fifth Third worked with us to understand our business and develop a customized financial solution to fit our needs. We are very excited about this partnership.”

Wireless Vision selected PMCF’s Business & Technology Services Group, led by Matt Jamison to serve as the exclusive financial advisor for the Transaction. Ammori noted, “PMCF was critical to the success of this transaction. They were very involved from the beginning and helped us navigate every step of this process which had a number of complexities. I would highly recommend PMCF to any company considering a recapitalization.”

About PMCF 

PMCF is a middle market investment bank providing global merger and acquisition advisory services to private, public, and private equity owned companies. PMCF provides a broad range of services including sale advisory, acquisition advisory, capital raising, and strategic advisory. The firm has dedicated industry teams providing services to the plastics and packaging, medical technology, industrials, and business and technology services industries. PMCF has offices in Chicago and Detroit and around the globe via its Corporate Finance International associates. For more information, visit www.pmcf.com.



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