TowerCo. - M&A Summary, Ownership, and Business Overview

InfrastructureCompany

TowerCo. M&A Summary

TowerCo. has acquired 2 companies of its own. It has also divested 2 assets.

TowerCo.’s largest acquisition to date was in 2008, when it acquired Sprint Nextel - 3 300 Towers for $670M. It’s largest disclosed sale occurred in 2012, when it sold TowerCo - 3 252 Towers to SBA Communications for $1.5B. TowerCo. has acquired in 1 US state. The Company’s most targeted sectors include communications (100%).

TowerCo. Ownership

Who owns TowerCo.?

TowerCo. is owned by Peppertree Capital. It was acquired on December 14, 2018.

Is TowerCo. PE-backed?

Yes. TowerCo. is owned by private equity investor Peppertree Capital.

Was TowerCo. formerly PE-backed?

Yes. TowerCo. was formerly owned by 3 private investors.

TowerCo. Business Overview

Where is TowerCo. headquartered?

TowerCo. is headquartered in Cary, North Carolina.

What sector is TowerCo. in?

TowerCo. is an infrastructure company.

When was TowerCo. founded?

TowerCo. was founded in 2004.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity2
    • M&A Sell Activity2
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2
  • M&A Advisors 3

TowerCo. LLC

5000 Valleystone Drive,
Cary, North Carolina 27519
United States,
(866) 460-5559
www.towerco.com

TowerCo. LLC develops and owns wireless communications towers and leases the towers' capacity to communications service providers. In addition to leasing towers, the company also markets and manages third-party towers for regional carriers.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 2 - - - - - 2
vol $716M $716M
Sell (0.0/yr) # 2 - - - - - 2
vol $1.6B $1.6B
  4

Most Recent M&A

Company Date Value Type
Iowa Wireless - 119 Towers 2012-10-18 46M USD Divestiture
, United States
TowerCo - 3,252 Towers 2012-06-26 1.5B USD Divestiture
, United States
Sprint Nextel - 3,300 Towers 2008-07-23 670M USD Divestiture
, United States
TowerCo - 424 wireless Communications Towers 2008-06-02 191M USD Divestiture
, United States
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Communications 2 (100%) 716M (100%) 2 (100%) 1.6B (100%)
Total 2 $716M 2 $1.6B

By Geo

State/Country Buy Value Sell Value
United States 2 716M 2 1.6B
Total 2 $716M 2 $1.6B

Top M&A Advisors

Financial Deals
UBS Investment Bank
 1
Wells Fargo Securities
 1
Legal Deals
Paul, Weiss, Rifkind, Wharton & Garrison
 4

Deal Values

buy # Total
$100M to $1B 1 $670M
< $100M 1 $46M
TOTAL $716M
Largest Sprint Nextel - 3,300 Towers
$670M (2008-07-23)
sell # Total
> $1B 1 $1.5B
$100M to $1B 1 $191M
TOTAL $1.6B
Largest TowerCo - 3,252 Towers
$1.5B (2012-06-26)

M&A Connections

Deals
Acquired from
Strategic(s)
100%
2 (100%)
Divested to
Strategic(s)
100%
2 (100%)

Company Summary

SECTOR

Infrastructure

Established

2004

 Subscribe to unlock this and 209,180
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 202K M&A Transactions
  • 205K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for TowerCo.

North Carolina Companies , Infrastructure Companies , United States Companies , North Carolina Infrastructure Companies , North Carolina Infrastructure with Acquisitions , North Carolina Infrastructure with Divestitures

Related Lists for North Carolina Companies

Largest North Carolina Companies , Acquisitive North Carolina Companies , Recently Acquired North Carolina Companies , Recently Sold North Carolina Companies , Private North Carolina Companies , Public North Carolina Companies , Acquired North Carolina Companies , PE Backed North Carolina Companies

Related Lists for Infrastructure Companies

Largest Infrastructure Companies , Acquisitive Infrastructure Companies , Recently Acquired Infrastructure Companies , Recently Sold Infrastructure Companies , Private Infrastructure Companies , Public Infrastructure Companies , Acquired Infrastructure Companies , PE Backed Infrastructure Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal