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New Deal


Announced

Completed

Palistar Capital-backed CTI Towers completed the acquisition of SCI Towers.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

United States

Telecommunications Equipment

Single Bidder

Majority

Completed

Acquisition

Domestic

Private

telecommunications towers

Private Equity

Synopsis

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Palistar Capital-backed CTI Towers, an operator of wireless telecommunications towers, completed the acquisition of SCI Towers, a provider of communications tower development services. Financial terms were not disclosed. "We appreciate the mutually beneficial relationship we shared with the CTI Towers team, over these last six years, in partnering with us to build towers for the benefit of the wireless carrier community. We wish CTI Towers the greatest success going forward," Dave Herring, SCI Towers Co-Founder.

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