Pennant Equity Partners

Pennant Equity Partners is a private equity firm founded in 2013. Based in Marblehead, Massachusetts, it invests in small and medium-sized businesses, focusing on long-term value creation through acquisition, growth capital investments, strategic advisory services, and direct management involvement. The company specializes in tech-enhanced services, manufacturing & distribution, industrial products, automation, healthcare products, solutions, medical devices, health-tech, SaaS & data services, and consumer products sectors.

Sam Foster Jr.

Founder and Managing Partner

Doug Marsden

Operating Partner

2 past transactions

Federated Wireless

Series C in 2020
Federated Wireless, Inc. is a company that specializes in wireless broadband network management, focusing on the development of private wireless and shared spectrum services. Founded in 2012 and headquartered in Arlington, Virginia, the company offers spectrum controller solutions that facilitate the efficient use of wireless spectrum for mobile broadband. Its technology supports various sectors, including telecommunications, logistics, manufacturing, energy, hospitality, education, and retail, enabling use cases such as private wireless networks, industrial IoT applications, and network densification. Federated Wireless has established a partner ecosystem with over 50 solution and edge partners, collaborating to advance the development and deployment of shared spectrum services. Through its innovative approach, the company aims to enhance existing LTE networks and enable secure spectrum sharing for both government and commercial users without compromising service quality.

Federated Wireless

Series C in 2019
Federated Wireless, Inc. is a company that specializes in wireless broadband network management, focusing on the development of private wireless and shared spectrum services. Founded in 2012 and headquartered in Arlington, Virginia, the company offers spectrum controller solutions that facilitate the efficient use of wireless spectrum for mobile broadband. Its technology supports various sectors, including telecommunications, logistics, manufacturing, energy, hospitality, education, and retail, enabling use cases such as private wireless networks, industrial IoT applications, and network densification. Federated Wireless has established a partner ecosystem with over 50 solution and edge partners, collaborating to advance the development and deployment of shared spectrum services. Through its innovative approach, the company aims to enhance existing LTE networks and enable secure spectrum sharing for both government and commercial users without compromising service quality.
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