Eco-Site rakes in $20 mln

Durham, North Carolina-based Eco-Site LLC, a wireless tower and infrastructure company, has raised $20 million in funding. MSouth Equity Partners was the lead investor.

PRESS RELEASE

DURHAM, N.C., Sept. 11, 2017 /PRNewswire/ — Eco-Site, LLC (www.eco-site.com), a North Carolina-based wireless tower and infrastructure company, announces the commitment of an additional $20 million in private equity funding.
Accelerated by carrier demand for coverage and capacity, Eco-Site’s nationwide wireless infrastructure build has attracted more than $90 million of new capital for the company this year. This latest funding was led by Atlanta-based MSouth Equity Partners, a private equity investment firm that has partnered with Eco-Site since 2012.

“The wireless infrastructure industry, and especially Eco-Site, is experiencing exceptional growth,” says Dale Carey, CEO, Eco-Site. “The pace of our expansion is indicative of our continued momentum, due in large part to the strength of our model and the abilities of our team.”

Barry Boniface, partner, MSouth Equity Partners says, “We knew years ago that Eco-Site was primed to be a key player in the wireless industry. We are pleased to support the company’s continued growth.”
For more information about Eco-Site solutions, please visit www.eco-site.com/services. To learn more about the company, please visit www.eco-site.com/about.

About Eco-Site
Eco-Site builds, owns and operates wireless towers and infrastructure sites in the most desirable areas. Founded by wireless industry executives with extensive carrier and infrastructure experience, we provide superior real estate solutions for network densification and expansion. Eco-Site offers single-point access to a nationwide pool of sites, including build-to-suit towers, colocation solutions and retail properties. Our unique approach provides carriers customized, scalable results to meet their ever-changing network needs.

Eco-Site is headquartered in Durham, N.C., with offices nationwide. To learn more about how we are changing wireless network expansion, visit www.eco-site.com.