ExteNet Systems, Inc., a leading independent provider of distributed networks enabling outdoor and indoor wireless connectivity, announced the successful completion of its recapitalization efforts, initially announced in July. The acquisition is led by Digital Bridge Holdings (Digital Bridge) and Stonepeak Infrastructure Partners (Stonepeak), which together head the consortium that invested or arranged over $1.4 billion capital, inclusive of equity and …
Mobilitie and Digital Bridge vie for ‘largest’ infrastructure bragging rights
Mobilitie LLC, announced it has closed a $325 million debt investment. Led by CIT Bank, N.A., and TD Securities (USA), LLC, the investment will continue to fuel the exponential growth of the company’s distributed antenna systems, small cell, communication tower and Wi-Fi business investments. The Newport Beach, California-based company took the opportunity in its press release last week to state …
Vertical Bridge picks up 43 Townsquare towers and the ability to share in marketing 250 more
Townsquare Media is the latest broadcaster that sees the benefits of selling their broadcast towers that they see as a valuable, but unnecessary asset. The company has announced a deal to sell 43 towers to Vertical Bridge, a company owned by Digital Bridge Holdings for $22.8 million. However, Townsquare will still keep 250 towers, which Vertical Bridge will market to …
