Everest Infrastructure Partners has completed a recapitalization of its communications infrastructure portfolio, bringing all of its assets under common ownership and substantially increasing its capital base to support new acquisitions and development. Everest manages and markets more than 4,000 locations across the U.S., including 400 owned communications tower assets. With the completion of this financing, Everest has closed on more than $600 million in committed capital since its inception in 2015.
While Michael Mackey, President of Everest Infrastructure Partners, has plenty to look forward to in 2020, the year he just put behind him was one of solid achievement and growth for his Pittsburgh-based company.
Everest Infrastructure Partners announced the acquisition of 10 wireless towers in East Texas. The tower cluster north and east of Houston represents the largest acquisition Everest has completed in Texas.
Everest Infrastructure Partners announced 10 new additions to its Communications Infrastructure portfolio in New England with completed construction of 4 new wireless towers and the acquisition of 6 additional towers.
Everest Infrastructure Partners Closes 2nd Investment Fund, Increasing Total Capital to $350 Million
Everest Infrastructure Partners today announced the closing of EIP Holdings II, LLC. The closing brings total capital committed across EIP’s platform of Communications Infrastructure assets to more than $350 million.
With employee headcount more than doubling over the past year, Everest Infrastructure Partners has relocated its Headquarters office to Nova Place on Pittsburgh’s North Side.
Everest Infrastructure Partners today announced the acquisition by EIP Holdings I, LLC of nearly 100 wireless tower assets from Norwalk, Connecticut-based Frontier Communications (NASDAQ:FTR). The acquisition includes towers located in 17 states throughout the U.S., with significant tower concentrations in Connecticut, New York, and California.
Everest Infrastructure Partners is pleased to announce the additions of Jim Donahue and Mark Uminski to its senior management team. Mr. Donahue and Mr. Uminski are seasoned veterans of the mobile communications industry and bring substantial operational capabilities to Everest.
Everest Infrastructure Partners today announced the acquisition of Boston, Massachusetts-based Varsity Wireless Towers and its portfolio of communications towers in New England. The acquisition also includes Varsity’s extensive tower development pipeline of more than 50 wireless communications sites as well as Varsity’s multi-carrier indoor Distributed Antenna System in the Prudential Center in Newark, New Jersey.
Everest Infrastructure Partners announces the completion of real estate financing programs for multiple utility-scale solar energy projects.
Everest Infrastructure Partners today announced the acquisition of television broadcast towers from Roberts Communications. The acquisition includes high-site towers located in Mississippi, Missouri, and South Carolina.
Everest Infrastructure Partners announces an $11 million acquisition of 15 wireless tower and communications antenna leases from the City of Akron, Ohio.
Everest Infrastructure Partners, an emerging infrastructure investor, announced today with its exclusive institutional sponsor, Wood Creek Capital Management, the closing of capital commitments totaling $100 million.
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