DataBank continues strategic expansion through the acquisition of carrier-rich downtown data centers in Cleveland and Pittsburgh
The acquisition of DataBank from Avista Capital Partners is the inaugural data center investment for Digital Bridge and will be a platform for continued growth through expansion and acquisitions.
From Telecom Finance
by Lorna Thornber
21 June 2016
US mobile tower leasing company Vertical Bridge has closed a US$321m asset-backed securities offering and a US$400m senior credit facility to help expand its real estate portfolio.
Source: Inside Towers
May 13, 2016
Chicago-based ExteNet Systems, Inc., an independent provider of distributed networks (DNS) enabling advanced cellular and wireless connectivity, acquired Dallas-based enterprise communications infrastructure solution provider Telecommunication Properties, Inc. (TPI) for an undisclosed amount, the company said Wednesday.
Source: agl Media Group
By: J. Sharpe Smith
May 12, 2016 — ExteNet Systems has purchased Telecommunications Properties Inc. (TPI), which designs, builds and operates large fiber-optic DAS and small cell networks inside high profile venues, such as professional football stadiums, universities and large real estate projects. The deal closed on Monday. No financial details were released.
Source: Chicago Tribune
By: Meg Graham
5 February 2016
Once upon a time, when the Red or Blue line L trains dropped underground, so did our phone calls.
But Lisle-based ExteNet Systems has completed a project to extend 4G LTE service in the CTA tunnels — taking subterranean Snapchats from dream to reality. The company, founded by CEO Ross Manire in 2002, worked with contractor Aldridge Electric and four national wireless carriers to complete the network.
US wireless infrastructure firm ExteNet Systems has completed a US$1.4bn capital restructuring led by investment firms Digital Bridge and Stonepeak Infrastructure Partners.
A Boca Raton venture capital firm is behind the latest wireless tech "unicorn."
Boca-based Digital Bridge Holdings alongside Stonepeak Infrastructure Partners is heading a consortium that's investing $1.4 billion into wireless infrastructure company ExteNet Systems. As part of the deal, Digital Bridge's CEO Marc Ganzi becomes chairman of Extenet's board.
ExteNet Systems completes $1.4B deal; ramps up for further growth
Lisle-based ExteNet Systems has completed a $1.4 billion capital restructuring, allowing the tech unicorn to grow and keep up with the rapid growth of mobile data traffic.