M&A Deal Summary

InSite Wireless Group Acquires 294 communication tower sites - CTI Towers

On April 1, 2015, InSite Wireless Group acquired communications company 294 communication tower sites - CTI Towers from CTI Towers

Acquisition Highlights
  • This is InSite Wireless Group’s 1st transaction in the Communications sector.
  • This is InSite Wireless Group’s 1st transaction in the United States.
  • This is InSite Wireless Group’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2015-04-01
Target 294 communication tower sites - CTI Towers
Sector Communications
Buyer(s) InSite Wireless Group
Sellers(s) CTI Towers
Deal Type Divestiture

Target

294 communication tower sites - CTI Towers

Franklin, Massachusetts, United States
294 communication tower sites - CTI Towers, Inc. includes communication towers, related tower site equipment and infrastructure, related real property interests, and wireless carrier and customer agreements related to the towers.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

InSite Wireless Group

Alexandria, Virginia, United States

Category Company
Founded 2000
Sector Communications
DESCRIPTION

InSite Wireless Group LLC develops, owns, operates, and manages communications wireless infrastructure facilities primarily for the wireless and broadcast industries. InSite’s tower division is one of the largest privately-owned U.S. tower companies and develops, manages, owns, and operates approximately 1,500 telecommunications towers and sites for wireless carriers across the United States, Puerto Rico, the U.S. Virgin Islands, Canada, and Australia. InSite’s distributed antenna system (DAS) and small cell division specializes in the design, installation, operation, and maintenance of shared wireless infrastructure solutions that enhance the quality and capacity of wireless voice and data services in public facilities and complex environments. InSite Wireless Group was founded in 2000 and is based in Alexandria, Virginia.


DEAL STATS #
Overall 1 of 3
Sector: Communications M&A 1 of 3
Type: Divestiture M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 3
Year: 2015 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-08 Agile Networks

Canton, Ohio, United States

Agile Networks is a provider of hybrid fiber wireless broadband data networks, supplying connectivity to empower customers and transform organizations. Agile Networks was founded in 2010 and is based in Canton, Ohio.

Buy -

Seller(S) 1

SELLER

CTI Towers

Morrisville, North Carolina, United States

Category Company
Founded 2011
Sector Business Services
DESCRIPTION

CTI Towers operates, manages, maintains, and leases wireless towers. CTI Towers has acquired towers from many of the largest cable television operators, smaller operators and other private owners to attain its growth. CTI Towers was founded in 2011 and is based in Morrisville, North Carolina.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-26 SCI Towers

Cary, North Carolina, United States

SCI Towers is an independent communication tower developer that provides unique solutions in the development of wireless infrastructure. SCI Towers was founded in 2011 and is based in Cary, North Carolina.

Buy -