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Announced

Completed

Grain Management and BlackRock completed an investment in Phoenix Tower International.

Synopsis

Private equity firms, Grain Management and BlackRock completed an investment in Phoenix Tower International, a wireless communications infrastructure provider. Financial terms were not disclosed. "We welcome Grain Management and BlackRock as investors in Phoenix Tower International and look forward to leveraging their strong track records in digital infrastructure investing to support our continued expansion. Over the last decade, we've grown exponentially to provide wireless tower infrastructure to communities and countries in need of greater connectivity and we look forward to growing our impact with the support of our new and existing partners," Dagan Kasavana, Phoenix Tower Founder and CEO.

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