Salt Lake City private equity firm Sorenson Capital has acquired St. George-based Wilson Electronics, which produces cellphone signal boosters, it was announced Wednesday.
Sorenson purchased a controlling interest in Wilson for an undisclosed amount. Solamere Capital, the Massachusetts equity firm run by Mitt Romney's son, Tagg, also has a minor investment in the company.
Wilson develops and manufacturers signal boosters for boats, cars, homes and businesses that takes a weak cell phone signal and amplifies it for users having trouble connecting to a carrier's network. The company makes hundreds of models of devices and also sells to the industrial sector to boost signals at government buildings, hospitals and airports.