Category: Acquisitions

Everest Infrastructure Partners Completes Tower Portfolio Recapitalization

May 5, 2020 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 […]

Read More

The Expansive View from Everest

Published by Inside Towers February 4, 2020 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. Over the past twelve months, Everest added 200 towers and ground sites to its […]

Read More

Everest Acquires Wireless Tower Cluster in East Texas

December 11, 2019 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. “We are very pleased to have the opportunity to acquire and manage these tower assets”, said Mike Mackey, President of Everest Infrastructure […]

Read More

Everest Infrastructure Partners Announces New Tower Additions in New England

August 27, 2019 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. Construction has been completed at three new towers in New Hampshire in the towns of Exeter, Goffstown, and Raymond, as well as […]

Read More

Everest Infrastructure Partners Closes 2nd Investment Fund, Increasing Total Capital to $350 Million

August 4, 2019 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.  Commitments to funds managed by EIP come from a broad mix of institutional investors, including pension funds, infrastructure funds, insurance companies, endowments, […]

Read More

Everest Infrastructure Partners Moves HQ to New Address at Nova Place

August 1, 2019 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’s portfolio of Communications Infrastructure assets has grown 400% during the same period and now includes communications tower assets and related infrastructure in 45 states throughout the […]

Read More

Everest Infrastructure Partners Acquires Wireless Towers from Frontier Communications

January 22, 2019 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 is pleased to have been selected […]

Read More

Tower Industry Veterans Join Everest Leadership Team

January 12, 2019 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. Jim Donahue joins Everest with over 20 years of wireless industry experience, […]

Read More

Everest Infrastructure Partners Acquires Varsity Wireless Towers

May 1, 2018 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 […]

Read More

Everest Infrastructure Acquires Broadcast Towers from Roberts Communications

December 29, 2017 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. The acquisition is the third tower portfolio acquisition completed by Everest in 2017 and is the company’s initial acquisition of broadcast towers.  “We are very pleased […]

Read More