Cross Keys Capital > Transactions > Communications

Communications

Recent Cross Keys Capital Communications transaction:

tower top investmentsTower Top Investments Inc., the leading wireless communications tower company located in the US Virgin Islands, offers tower and building space for the Broadcast, SMR, Cellular, PCS, Paging and Microwave Industries. Tenants include Verizon (NYSE:VX), Sprint Nextel (NYSE:S), and AT&T (NYSE:T).

With 10 towers (2 under construction) Tower Top is the largest communications tower company in the USVI.

Headquartered in Westborough, Massachusetts, Optasite is one of the fastest growing tower companies in the United States. Giving effect to pending transactions, Optasite has 511 towers in its portfolio and focuses on a strategy of disciplined tower acquisition and development. The Company currently owns towers in 29 states, as well as the U.S. Virgin Islands. Optasite is funded by leading financial investors, including Centennial Ventures, Citi, Columbia Capital, Highland Capital Partners, Key Venture Partners and Babson Capital Management. Optasite has since been acquired by SBA Communications.

  • CKC sourced and served as the exclusive financial advisor to Tower Top.
  • CKC led a highly effective qualification and selection process to determine a list of financial and strategic buyers.
  • CKC, through a controlled “mini auction” generated a large amount of interest, including interest from foreign suitors, leading to several competitive bids.

Selected Cross Keys Capital Communications transactions:

Includes transactions by our professionals at prior firms