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 2

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
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

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North Carolina Companies , Infrastructure Companies , United States Companies , North Carolina Infrastructure Companies

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