Fengate to acquire tower assets from Municipal Communications and Seaport Capital.

Fengate, an investment firm, agreed to acquire tower assets from Municipal Communications, a communications infrastructure provider, and Seaport Capital, a private equity firm. Financial terms were not disclosed. “We’re proud of our long-term relationship with Peter Corry and the Municipal team. Peter and his team developed a diverse portfolio of tower assets, anchored by the big three wireless providers, over the last three years. We wish Fengate success with the portfolio. We look forward to partnering with Municipal to build another great portfolio of tower assets," Bob Tamashunas, Seaport Partner.