Phoenix Tower International Acquires Tower Ventures Sites and Technology Associates EC (TAEC)

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.

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.

Phoenix Tower International Acquires Infracos JV from Bouygues Telecom and SFR

December 24, 2025

Telecommunications

Phoenix Tower International (PTI) has closed the acquisition of Infracos, the joint venture owned by Bouygues Telecom and SFR that manages approximately 3,700 wireless sites across France. The deal expands PTI's French footprint to nearly 10,000 sites and increases its global portfolio to more than 33,000 towers; Bouygues Telecom and SFR were the selling parties.

Phoenix Tower International Acquires Cellnex's Irish Business for €971M

February 28, 2025

Telecommunications

Phoenix Tower International (PTI) has completed the acquisition of 100% of Cellnex Telecom’s business in Ireland for approximately €971 million, acquiring roughly 1,900 wireless sites and becoming the largest tower owner in Ireland. The deal expands PTI’s European footprint and was completed with advisory support (Nomura and Arthur Cox) to PTI.

Grain Management and BlackRock Invest in Phoenix Tower International alongside Blackstone

March 27, 2024

Infrastructure

Grain Management and BlackRock have made a strategic investment in Phoenix Tower International (PTI), joining Blackstone as investors to support PTI's continued global expansion of wireless tower infrastructure. The capital will back PTI’s growth across its footprint of over 24,000 towers in 23 countries and help the company expand into new and existing markets.

H.I.G. Infrastructure Acquires Tower Engineering Professionals

April 13, 2023

Engineering Services

H.I.G. Infrastructure, an investment fund managed by H.I.G. Capital, has completed the acquisition of Tower Engineering Professionals (TEP) from Prairie Capital V. TEP, headquartered in Raleigh, North Carolina, is a multi-discipline engineering and maintenance services provider to tower, mobile network and telecom infrastructure customers across the U.S. and Canada; Audax Private Debt provided second-lien financing to support the transaction.