IHS Towers Acquires GTS SP5 Tower Portfolio (2,115 Towers)

Phoenix Tower International Acquires Tower Ventures Holdings (197 U.S. Tower Sites)

March 5, 2020

Telecommunications

Phoenix Tower International (PTI) has acquired a 100% ownership interest in Tower Ventures Holdings, LLC and related entities, gaining ownership of 197 wireless communication towers across the United States. The deal — terms confidential — expands PTI's U.S. tower portfolio ahead of 5G deployments; Tower Ventures is a Memphis, Tennessee–based tower operator previously owned by its management team with an investment from BBH Capital Partners.

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.

TJC, L.P. Acquires Global Transport Solutions (GTS)

November 27, 2023

Logistics & Distribution

TJC, L.P. (The Jordan Company) has entered into a definitive agreement to acquire Global Transport Solutions Topholding B.V. (GTS), an international maritime-focused logistics and forwarding provider operating under the Marinetrans and Best Global Logistics brands. The investment will provide GTS with resources to support geographic expansion, strengthen its network and capabilities, and accelerate growth across time-critical maritime supply chain markets.

SPX Corporation Acquires International Tower Lighting, LLC

April 11, 2022

Manufacturing

SPX Corporation has completed the acquisition of International Tower Lighting, LLC (ITL), a La Vergne, Tennessee–based designer and manufacturer of obstruction lighting systems and tower monitoring services. ITL (approximately $18 million revenue) will be reported as part of SPX's AtoN platform within its Detection & Measurement segment and is expected to modestly accrete segment margin.

Blackstone Infrastructure Partners Acquires 35% Stake in Phoenix Tower International

January 18, 2022

Infrastructure

Funds managed by Blackstone Infrastructure Partners purchased a 35% stake in Phoenix Tower International (PTI) from Manulife Investment Management. The minority investment will support PTI's continued growth and geographic expansion of its wireless infrastructure platform across the Americas and Europe.

STP Investment Services Acquires Tower Fund Services

November 30, 2021

Financial Services

STP Investment Services has acquired third-party fund administrator Tower Fund Services to expand its alternative asset fund administration capabilities and bring Tower clients onto STP's BluePrint technology platform. The transaction strengthens STP's alternative investing offering and aims to deliver enhanced operational technology and service to Tower's clients.