M&A Deal Summary

Phoenix Tower International Acquires Syscom Telecom

On December 28, 2018, Phoenix Tower International acquired communications company Syscom Telecom

Acquisition Highlights
  • This is Phoenix Tower International’s 3rd transaction in the Communications sector.
  • This is Phoenix Tower International’s 1st transaction in the United States.
  • This is Phoenix Tower International’s 1st transaction in Florida.

M&A Deal Summary

Date 2018-12-28
Target Syscom Telecom
Sector Communications
Buyer(s) Phoenix Tower International
Deal Type Add-on Acquisition

Target

Syscom Telecom

Hallandale Beach, Florida, United States
Syscom Telecom LLC is a small cell deployment business in the United States, manages and markets over 80,000 sites for small cell and macro cell deployments with various small cell master agreements in place with wireless operators. Syscom Telecom was founded in 2007 and is based in Hallandale Beach, Florida.

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Buyer(S) 1

Buyer

Phoenix Tower International

Boca Raton, Florida, United States

Category Company
Founded 2013
Sector Communications
DESCRIPTION

Phoenix Tower International owns and operates towers and other wireless infrastructure and related sites. Phoenix Tower International was founded in 2013 and is based in Boca Raton, Florida.


DEAL STATS #
Overall 3 of 7
Sector: Communications M&A 3 of 6
Type: Add-on Acquisition M&A Deals 2 of 4
State: Florida M&A 1 of 1
Country: United States M&A 1 of 3
Year: 2018 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-30 Teletorres del Caribe

Dominican Republic

Teletorres del Caribe which comprises 1,039 sites. Teletorres del Caribe, setting a clear partnership framework between the two companies. Teletorres del Caribe has committed to support Altice Dominicana in the continued deployment of its network.

Buy $170M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-05 Tower Ventures

Memphis, Tennessee, United States

Tower Ventures is a cell phone tower operator that owns and manages 360 towers in the United States. Tower Ventures and its subsidiaries have developed towers since 1987 and over that time have successfully built and sold tower portfolios valued at over $600 million dollars.

Buy -