SAN DIEGO, CA – July 1, 2015 – Md7, LLC announced that it has acquired Lexcom Development Corporation, L.L.C., a Seattle based site development company with a strong presence and trusted reputation in the states of Washington, Oregon and Northern California.
The asset purchase of Lexcom’s operations in Seattle, WA; Portland, OR; and Sacramento, CA fits into Md7’s strategy to grow its site development services in the cellular industry. Through this acquisition, Md7 will substantially strengthen its efforts to offer a variety of à la carte and turnkey services in the Pacific Northwestern, United States.
“Lexcom has a significant opportunity to scale their current operations and Md7 uses a centralized approach to site acquisition that allows us to complete high volume projects at lower than typical prices. Together, we believe Lexcom and Md7 will be able to substantially grow market share in the Pacific Northwest and Northern California much faster than either of us could operating alone” said Michael Gianni, Chairman and C.E.O. of Md7. “And while both companies offer site acquisition services, our expertise is complementary.”
Md7, LLC, based in San Diego, California and Dublin, Ireland is a real estate portfolio management and consulting company serving the wireless telecommunications industry. Its experience and proprietary systems create greater efficiencies and significant cost savings for the largest wireless operators in the world. Md7 has provided a variety of site acquisition and real estate related services in ten different languages, in 13 different countries in North America, Europe, Africa and Oceana.