Add-on Acquisition • Communications

InSite Wireless Group Acquires Agile Networks

On August 8, 2019, InSite Wireless Group acquired communications company Agile Networks

Acquisition Context
  • This is InSite Wireless Group’s 2nd transaction in the Communications sector.
  • This is InSite Wireless Group’s 2nd transaction in the United States.
  • This is InSite Wireless Group’s 1st transaction in Ohio.
Investment Fate
  • Agile Networks was divested to a consortium of strategic buyers in 2022.

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M&A Deal Summary

Date August 8, 2019
Target Agile Networks
Sector Communications
Buyer(s) InSite Wireless Group
Deal Type Add-on Acquisition

Target Company

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.
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Buyer Overview 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 Context for Buyer #
Overall 2 of 3
Sector: Communications 2 of 3
Type: Add-on Acquisition 1 of 2
State: Ohio 1 of 1
Country: United States 2 of 3
Year: 2019 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-01 294 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-20 Repeater Communications Group

Great Neck, New York, United States

Repeater Communications Group operates approximately 3,500 co-located rooftop and tower communications sites throughout the northeastern United States and the central coast of California. It has long-standing relationships with some of the most recognized names in real estate, as well as local, regional, national, and international communications companies.

Buy -