Palistar Capital Combines Symphony Wireless Assets with CTI Towers to Form Symphony Towers Infrastructure
January 14, 2025
Palistar Capital combined the pool of wireless assets managed by its affiliate Symphony Wireless with its portfolio company CTI Towers, creating a new combined platform named Symphony Towers Infrastructure to operate approximately 3,000 tower, rooftop and non-traditional cell sites across the U.S. The move consolidates management and operations to drive scale, create operational efficiencies and support continued organic and inorganic growth of the wireless tower portfolio.
- Buyers
- Palistar Capital LP, Symphony Towers Infrastructure (formerly Symphony Wireless)
- Targets
- CTI Towers, Inc., Wireless Tower Portfolio (pool of assets managed by Symphony Wireless and CTI)
- Platforms
- CTI Towers, Inc., Symphony Towers Infrastructure
- Industry
- Telecommunications
- Location
- North Carolina, United States
- Transaction Type
- Addon
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