Eco-Site, a North Carolina-based wireless tower and infrastructure company, announced the commitment of an additional $20 million in private equity funding. The latest funding was led by Atlanta-based MSouth Equity Partners, a private equity investment firm that has partnered with Eco-Site since 2012. The company has attracted more than $90 million of new capital this year.
Eco-Site builds, owns and operates wireless towers and infrastructure sites. Founded by wireless industry executives with extensive carrier and infrastructure experience, the company provides 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.
“The wireless infrastructure industry, and especially Eco-Site, is experiencing exceptional growth,” says Dale Carey, CEO of 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.”