Entrex, Inc. (OTC: NTRX) today announced the engagement of Enclave Capital LLC to provide investment banking services in support of the Company’s capital formation and strategic growth initiatives.
“NTRX has been deliberately building the operating, acquisition and capital-market infrastructure required to execute our growth strategy,” said Stephen H. Watkins, Chairman and CEO of NTRX. “The engagement of Enclave adds an experienced broker-dealer and investment banking platform to that effort. We hope to work with their institutional capital partners to aggressively execute our plans – hopefully starting in Q4 while scaling through 2027.”
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The engagement also permits Enclave to engage additional broker-dealers in connection with identifying prospective investors, providing the opportunity to broaden the distribution resources available to support NTRX financing transactions.
“We are extremely impressed with the vision and credentials of Watkins and his team, and look forward to providing quality financing options for their growth plan,” said Robert L. Mazzeo, CEO of Enclave. “NTRX’s strategy of acquiring producing assets that can be deployed where conditions are optimal and scaled over time differentiates the Company from larger data-center operators at fixed locations.”
The Company expects capital formation to occur alongside the continued development of its acquisition pipeline and operating platform.
“NTRX’s strategy is simple: BUILD, ACQUIRE and EARN. We acquire proven, cash-flowing data centers, while BUILD — Entrex’s nationwide vocational-school production program — produces standardized Entrex EARN data center businesses for deployment.
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