TowerCo V

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TowerCo V - overview

Established

2018

Location

Cary, NC, US

Primary Industry

Telecoms

About

TowerCo is a leading provider of wireless communication infrastructure, focusing on the development and management of towers, ensuring reliable connectivity for clients across the United States. Founded in 2018 and headquartered in Cary, US, TowerCo develops and manages wireless communication infrastructure. The company operates as an independent entity and has not undergone significant pivots or mergers since its inception. The CEO, Tina Tower, has a strong background in technology management and entrepreneurship.


TowerCo specializes in the development, acquisition, ownership, and management of wireless communication infrastructure across the United States. Their core offerings include Build-to-Suit towers, tailored structures meeting specific wireless network requirements for clients such as wireless carriers, government agencies, and private enterprises. Additionally, TowerCo provides colocation services, allowing multiple operators to use the same tower infrastructure, enhancing network coverage and capacity. The company further expands its portfolio through acquisitions of cell towers and tower leases, currently managing over 15,000 tower, land, and rooftop sites, serving municipalities, utility companies, and private landowners across various geographical markets.


TowerCo generates revenue primarily through B2B transactions with wireless carriers and organizations seeking wireless infrastructure solutions. Revenue streams include Build-to-Suit contracts for customized tower construction and colocation agreements for space on existing towers. The acquisition of tower leases from property owners contributes to a steady income stream through long-term agreements, focusing on sustainable partnerships within the wireless communication sector.


Primary Industry

Telecoms

Sub Industries

Telecoms Towers & Infrastructure

Website

www.towerco.com

Verticals

Infrastructure

Total Amount Raised

Subscriber access only

TowerCo V - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedTowerCo IV LLC-

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