Wincove Leads Recapitalization of Comstar Technologies

New York, NY – May 17, 2017 – Wincove Private Holdings, LP (“Wincove”) announced today that it has recently led the recapitalization of Comstar Technologies, LLC (“Comstar” or the “Company”).  As part of the transaction, Wincove partnered with Comstar’s President to sponsor an ownership buy-in for key members of the Company’s management, and invested capital for future growth.

Headquartered in West Chester, PA, Comstar is a full-service provider of technology and telecommunications services to corporate and institutional customers. The Company’s services include cloud-based VOIP (voice-over internet protocol) phone systems, the installation and maintenance of traditional phone systems, managed IT services, network infrastructure and cabling, and the integration of security, fire and A/V systems.  Comstar’s mission is to be a customer service-oriented “one-stop shop” for the evolving technology needs of small- and medium-sized enterprises.

“Comstar has an impressive track-record of growth driven by its success in providing the highest level of customer service,” said John Lenahan, partner of Wincove.  “We are very proud to be partnering with Kevin Flounders and the Comstar team.  We look forward to supporting the Company as it continues to grow organically and expand its service offering, while aggressively pursuing strategic acquisitions.”

Kevin Flounders, President of Comstar stated, “I am very excited to partner with Wincove.  Their long-term approach and experience building market-leading businesses were highly attractive to our Company as we sought a partner for our next growth phase.”  For more information about Comstar, please visit www.comstar-usa.com.

About Wincove Private Holdings, LP           

Wincove Private Holdings is an investment holding company that creates long-term capital appreciation for its shareholders by partnering with business owners, entrepreneurs and management teams to build market-leading companies. With offices in Boston and NY, Wincove has a permanent capital base, and can therefore stay invested in its partner companies for an unlimited time horizon.  For more information about Wincove, please visit www.wincove.com.