CVF Capital Partners Exits its Investment in Utility Telecom

We want to keep you informed of the recent exit of Utility Telecom, a CVF II portfolio company.

Stockton, CA – CVF Capital Partners (CVF), a leading investment firm focused on supporting companies in the lower-middle market, is pleased to announce the successful exit of its portfolio company, Utility Telecom, via a bank recapitalization. CVF invested both debt and equity to support Utility Telecom's growth and expansion since 2015. CVF helped Utility Telecom participate in 5 acquisitions, showing CVF's strength to provide flexible capital to California's Central Valley.

Founded in Stockton, California in 1996, Utility is one of the largest regional providers of networking, communications, and technology solutions in the California Central Valley. The company provides critical data networking and unified communications to over 5,000 business customers in California and Nevada, including enterprise, government, and wholesale customers. For almost 20 years Utility has developed an OC-48 fully redundant fiber ring, supplying its customers with lightning-fast Internet speeds on ADSL, Ethernet over Copper and classic T1 service.  

“We’re thrilled to have played a part in Utility Telecom’s growth story and to have helped bring the CEO’s ambitious vision to life,” said Chris Carleson, Partner. “Utility Telecom plays a vital role in keeping communities and businesses connected, and CVF is proud to have supported that mission. Together, we scaled operations, expanded the team, and completed several strategic follow-on acquisitions in order to position the company for long-term success.”

Utility is committed to providing businesses with the connections and bandwidth they need to be up and running with the most cutting-edge technology and efficient investments. For more information, please visit https://uyt.co/.

About CVF Capital Partners

CVF Capital Partners is a California-based investment firm that has raised $375 million since 2005 across three funds. Focused on the lower middle market in the Western U.S., CVF provides flexible growth capital and strategic support to companies in various sectors. CVF partners with management teams to drive meaningful, sustainable growth. https://www.cvfcapitalpartners.com/

Central Valley Fund IV

Central Valley Fund IV (SBIC), LP will be the next fund managed by CVF Capital Partners. Fund IV will be structured as a Small Business Investment Company (SBIC) and is expected to launch in Q3 2025 targeting a $200-$250MM final close. CVF IV will continue to support and grow promising businesses in California and the Western US.

For more information contact:

Jose Blanco, Managing Partner

Tel: 530-757-7004 ext. 227

Email: jblanco@cvfcapitalpartners.com

Chris Carleson, Partner

Tel: 530-757-7004 ext. 221

Email: ccarleson@cvfcapitalpartners.com

Business Focus Webinar: One Big Beautiful Bill

Join us on July 24th for our webinar: “Tax Legislation Alert: Key Implications of the 'One Big Beautiful Bill' for Businesses & Business Owners”—an insightful

online webinar held on Zoom.

President Trump’s “One Big Beautiful Bill” (OBBB) has been signed into law as of July 4, 2025, enacting widespread changes to tax policy, government spending, and social programs. With less focus on foreign trade and more emphasis on domestic tax policies, the “megabill” is expected to have a significant impact on U.S.-based businesses and business owners, including the start-up, manufacturing, and Mergers & Acquisitions (M&A) markets.

Join legal and financial experts from BFBA, CVF Capital Partners, and

Weintraub Tobin for an in-depth analysis of the bill and how it could impact

your business in this free, one-hour webinar.

When: Thursday, July 24th, 10:00 am - 11:00 am

Where: Virtual (Zoom)

Complimentary Registration

Registration is available at this link: Register Now

CVF to Moderate ACG Event in Sacramento - Driving Value in Middle Market: An M&A Success Story

SACRAMENTO, CALIFORNIA – CVF Capital Partners (“CVF”), a leading lower middle market private equity firm, is pleased to announce that Jose Blanco, our Managing Partner, will be moderating a panel for the ACG SF.

Join us for an evening of networking and valuable learning from industry thought leaders. This insightful panel discussion provides a unique opportunity to uncover the key strategies behind a successful merger and acquisition, featuring perspectives from seasoned business leaders and expert advisors who played pivotal roles in the process.

Gain actionable insights on value creation and leave equipped with fresh ideas to apply to your own business. Whether you’re navigating the complexities of a deal, looking to drive business growth, or eager to connect, this is your chance to gain expert perspectives and expand your professional circle in Sacramento’s thriving business community.

Event Details

Name:

ACG SF | Driving Value in Middle Market: An M&A Success Story, May 2025

When:

May 7, 2025, 4 PM - 7 PM PDT

Where:

Park Tower - Second Floor Conference Room

980 9th Street

Sacramento, CA 95814

United States

Agenda

4:00-5:00 – Arrivals/Networking

5:00-6:00 – Panel

6:00-6:45 – Wrap up/Networking

Registration:

Members: $40 | Non-Members: $50

Please, click the following link to register.

We look forward to seeing you at the event!

About CVF Capital Partners 

CVF Capital Partners is a California-based investment firm that has raised $375 million since 2005 across three funds. Focused on the lower middle market in the Western U.S., CVF provides flexible growth capital and strategic support to companies in various sectors. CVF partners with management teams to drive meaningful, sustainable growth. https://www.cvfcapitalpartners.com/