Eco-Site closes on additional $20 million in funding

Fresh capital infusion to support continued growth

Durham, N.C., Sept. 11, 2017—Eco-Site, a North Carolina-based wireless tower and infrastructure company, announces the commitment of an additional $20 million in private equity funding.

Accelerated by carrier demand for coverage and capacity, Eco-Site’s nationwide wireless infrastructure build has attracted more than $90 million of new capital for the company this year. This latest funding was led by Atlanta-based MSouth Equity Partners, a private equity investment firm that has partnered with Eco-Site since 2012.

“The wireless infrastructure industry, and especially Eco-Site, is experiencing exceptional growth,” says Dale Carey, CEO, Eco-Site. “The pace of our expansion is indicative of our continued momentum, due in large part to the strength of our model and the abilities of our team.”

Barry Boniface, partner, MSouth Equity Partners says, “We knew years ago that Eco-Site was primed to be a key player in the wireless industry. We are pleased to support the company’s continued growth.”

Sep, 11, 2017

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