Municipal Communications LLC
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Municipal Communications LLC - overview
Established
2010
Location
Atlanta, GA, US
Primary Industry
Telecoms
About
Municipal Communications LLC, based in Georgia, US, specializes in developing and managing wireless communication infrastructure, including telecommunications towers, to enhance wireless coverage for carriers and local municipalities. Municipal Communications LLC focuses on the deployment of wireless communication infrastructure. Founded in 2010 and headquartered in Atlanta, Georgia, the company has successfully completed a limited number of deals, with the most recent occurring in September 2018. The company raised a total of USD 10.
75 mn in a GROWTH funding round led by Seaport Capital. CEO Peter Corry, who retains his position following acquisitions by SBA Communications Corporation and American Tower Corporation, has a history of steering the company toward expanding its cellular tower offerings across the United States. Municipal Communications specializes in developing and managing wireless communications infrastructure throughout the United States. Their primary offerings include the construction of telecommunications towers such as monopoles and monopines, aimed at addressing coverage gaps for major carriers while meeting the needs of municipalities and landowners.
The company has undertaken projects across various states, including Michigan, Kentucky, and Georgia, effectively navigating local regulations and community concerns. By partnering with landowners, Municipal Communications enables property monetization via leasing agreements and revenue-sharing models, while minimizing the visual impact of towers to facilitate community integration. Municipal Communications generates revenue through long-term leasing agreements with wireless carriers and revenue-sharing arrangements with property owners. The company engages in B2B transactions, providing infrastructure solutions to telecommunications providers who compensate for tower usage.
Their revenue model includes rental fees based on location and tower specifications, ensuring a consistent income stream. Additionally, revenue is bolstered by maintenance contracts and upgrades as technology evolves, alongside partnerships with local governments that may offer further funding opportunities for infrastructure projects. Municipal Communications is focused on expanding its operations and enhancing its product offerings. Following the most recent deal in September 2018, the company aims to continue developing cellular towers to improve wireless coverage for carriers across the United States.
The funding from the GROWTH round will support these initiatives, allowing for increased infrastructure development. The company plans to target new markets within specific regions as it seeks to broaden its footprint in the telecommunications sector.
Primary Industry
Telecoms
Sub Industries
Telecoms Towers & Infrastructure, Telecoms Providers & Services
Website
www.municipalcom.com
Verticals
Infrastructure
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Municipal Communications LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | Municipal Communications LLC | - | ||||||||
| Growth | Completed | Municipal Communications LLC | - |
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