Novacap Partners with Communications Tower Group (CTG)

M/C Partners Invests in TowerCom

May 12, 2020

Infrastructure

M/C Partners has closed an equity investment in TowerCom, a Jacksonville, Florida-based communications tower developer. The investment provides initial capital and additional future commitment to support TowerCom's new tower build plan as carriers expand 5G coverage.

Berkshire Partners Acquires Majority Stake in TowerNorth

October 5, 2023

Telecommunications

Berkshire Partners has made a majority growth investment in TowerNorth, a developer, owner and operator of wireless infrastructure assets across the United States and Europe. Founding investor Wincove Private Holdings re-invested in the transaction; financial terms were not disclosed.

BV Investment Partners Invests in CallTower

November 16, 2023

Telecommunications

BV Investment Partners has made an investment in CallTower, a South Jordan, Utah–based provider of cloud-based enterprise communications, contact center and collaboration solutions. The capital—backed by debt financing from AB Private Credit Investors and Boundary Street Capital—is intended to accelerate CallTower's organic growth and support acquisitions; the parties anticipated closing in Q4 2023.

Novacap Acquires INdigital (Communications Venture Corporation, Inc.)

March 7, 2024

Telecommunications

Novacap has completed its acquisition of Communications Venture Corporation, Inc. (DBA INdigital), a provider of Next Generation 9-1-1 (NG911) and emergency communications platforms. The investment brings INdigital into Novacap's Digital Infrastructure platform to accelerate product innovation and expand its NG911 capabilities and market reach across North America.

CTI Towers Acquires SCI Towers

May 26, 2022

Telecommunications

CTI Towers, a portfolio company of Palistar Capital, has completed the acquisition of SCI Towers, an independent communications tower developer that CTI had partnered with since 2016. The deal adds a significant number of recently-built towers and sites in development—primarily in the Southeastern United States—to CTI Towers' existing portfolio of ~1,200 towers.

Melody Investment Advisors Acquires CTI Towers

September 1, 2020

Telecommunications

Melody Investment Advisors LP entered into a definitive agreement to acquire CTI Towers, Inc., a Cary, North Carolina–based owner and manager of approximately 1,150 wireless towers across 47 U.S. states. CTI Towers was majority owned by Comcast Ventures; terms were not disclosed and the CTI management team will remain in place as Melody expands its communications infrastructure portfolio.