PRZOOM - /newswire/ -
Cleveland, OH, United States, 2012/02/09 - Branch Towers, LLC is pleased to announce the closing of a $20 million growth equity commitment by Peppertree Capital - BranchComm.net.
Branch Towers develops, owns and operates wireless communications towers throughout the United States.
"Peppertree’s knowledge of and reputation throughout the tower industry is unparalleled in the investor community,” said Curtis Branch, president, Branch Towers. “Peppertree’s investment will allow us to further expand our business and continue to meet the needs of our wireless carriers.”
Over the past several years, Mr. Branch has deployed and managed over 300 towers in the Midwest United States. Growth in the Midwest market will continue as the company expands into other growth regions of the country.
"Curtis and his team are proven leaders within the wireless communications towers industry,” said Ryan Lepene, managing director, Peppertree Capital. “We are very excited to begin our partnership with them.”
About Branch Towers
Branch Towers (branchcomm.net) was formed in partnership with Peppertree Capital. Curtis Branch, the CEO of Branch Towers, is also president of Branch Communications, LLC. Branch Communications, LLC is a full-service solutions provider to the wireless industry. With offices in the Central and Eastern regions of the United States, Branch Communications provides a full range of build-to-suit, site acquisitions and management services. The management team at Branch Communications has over 30 years of combined experience in the wireless, real estate, regulatory and legal fields. With our funding partners, Branch Communications is fully capable of meeting both the operational and financial requirements for speed-to-market and cost containment.
About Peppertree Capital
Peppertree Capital is a private equity fund focused on growth equity, recapitalization and buyout opportunities in the telecommunications infrastructure industry. Companies the firm has backed include Clearview Tower Company, LLC; Horvath Towers, LLC; K2 Towers, LLC; Wireless Edge Towers, LLC; AW Towers, LLC; Pegasus Tower Development Company, LLC; 4G Towers, LLC and Light Tower Holdings, LLC. Peppertree Capital is based in Cleveland and has an office in Dallas.
Submitted by S&A Cherokee, Glenn Gillen - SA-PR.com on behalf of Branch Communications, LLC.