TJC Is Said to Weigh Sale, IPO of Radio Tech Provider Silvus

The private equity owner of Silvus Technologies is exploring options for the mobile communications provider, including a sale or initial public offering, people with knowledge of the matter said.

TJC is working with Morgan Stanley as it seeks to gauge interest in Los Angeles-based Silvus, according to the people. TJC could seek a valuation of as much as $5 billion for Silvus in a sale or IPO, they said.

Silvus designs and manufactures wireless radios and communication systems used by the military and law enforcement agencies in harsh and challenging environments.

Demand for advanced and secure communications apparatus is high ...