Novacap Announces Partnership with CTG
2024年7月31日 - 8:30PM
Novacap, a leading North American private equity firm, announced
today that it has entered into a partnership with Communications
Tower Group I LLC (“CTG”). CTG is the third portfolio company
within Novacap’s Digital Infrastructure platform.
Headquartered in Charlotte, NC, and founded in
2015, CTG is a leading developer and operator of communication
tower infrastructure in the U.S.
“This partnership highlights our commitment to
investing in core telecommunications assets. We take great pride in
backing the CTG team in their ambitions to develop
telecommunications infrastructure in the U.S.,” says Ted Mocarski,
Senior Partner, Head of Digital Infrastructure at Novacap.
“We are excited and pleased to announce our
partnership with Novacap. This collaboration will bolster our
ongoing mission to build, own, and manage critical wireless
infrastructure assets throughout the United States, while also
facilitating the deployment of 5G and eventual 6G networks,” says
Ricardo Loor, CEO and Co-Founder at CTG.
Choate Hall & Stewart LLP served as legal
advisor to Novacap. Taft Stettinius & Hollister LLP served as
legal advisor to CTG.
About CTG
Founded in 2015, Communications Tower Group I
LLC’s (CTG) team leverages over 120 years of combined experience in
the wireless telecom industry to deliver high-value asset
development. The CTG team has been involved in thousands of
wireless infrastructure projects and has the ability to develop
some of the most prized vertical assets in its class. For more
details, please visit: https://ctowergroup.com.
About Novacap
Novacap is a leading North American private
equity investor and one of Canada’s most experienced private equity
firms. Founded in 1981 to partner with visionary entrepreneurs,
Novacap focuses on middle market companies in four core sectors,
Technologies, Industries, Financial Services and Digital
Infrastructure. Novacap combines deep sector specific expertise and
strategic and operational excellence to partner with entrepreneurs
and management teams. Since its inception, the firm has made
primary and add-on investments in more than 250 companies. Novacap
has over C$8 billion of assets under management and more than 110
employees, including 65-plus investment professionals, across
offices in Montreal, Toronto and New York. For more information on
Novacap, please visit: https://novacap.ca.
Media contact
Danielle Ste-Marie – dstemarie@novacap.ca