ALEXANDRIA, Va., July 20, 2020 /PRNewswire-PRWeb/ -- InSite Wireless Group, LLC ("InSite"), one of the largest privately-owned tower and wireless infrastructure companies in the U.S., announced that it has closed on the acquisition of Repeater Communications Group, LLC, one of the leading operators of leased rooftop telecommunications sites in New York City and surrounding markets.
With this acquisition, InSite will expand its portfolio of urban rooftop assets and gain a significant foothold in some of the nation's largest BTA markets.
"Repeater's portfolio of buildings varying in size and its excellent landlord relationships enables current 4G growth as well as the evolving 5G technology for a full-suite of equipment deployment options in the densely populated urban areas. We are excited to partner with Repeater as we play a crucial role facilitating 5G technological expansion in these markets and beyond" said David E. Weisman, CEO of InSite Wireless Group.
"The partnership with InSite will substantially enhance our ability to support, maintain and most importantly, expand our portfolio," said Michael Lifland, Co-President of Repeater Communications Group, LLC. "We chose InSite for its industry expertise and we look forward to working with the team to drive revenue for our landlords and expand our geographic footprint" added Paul Eisenberg, Co-President, Repeater Communications Group, LLC.
About InSite Wireless Group, LLC
InSite Wireless Group, LLC develops, owns, operates and manages communications wireless infrastructure facilities primarily for the wireless and broadcast industries. InSite's tower division develops, manages, owns, and operates approximately 2,500 telecommunications towers and sites for wireless carriers across the United States, Puerto Rico, the U.S. Virgin Islands, Canada, and Australia. InSite's distributed antenna system (DAS) and small cell division specializes in the design, installation, operation, and maintenance of shared wireless infrastructure solutions that enhance the quality and capacity of wireless voice and data services in public facilities and complex environments. InSite has developed and currently operates more than 65+ projects across the United States in convention centers, casinos, airports, sports stadiums, and transit systems. InSite also owns Lease Advisors, one of the leading land-under-cell-tower acquisition companies in the United States and Agile Networks, a provider of hybrid fiber wireless broadband data networks. More information on InSite's business can be found at http://www.insitewireless.com.
About Repeater Communications Group, LLC
Repeater Communications' history dates back over fifty years to the development of specialized radio networks by late founder, Gary Eisenberg. Today the Repeater Communications group of companies market and/or operate approximately 3,500 co-located rooftop and tower communications sites in select major markets throughout the country. More information on Repeater's business can be found at https://www.rfsites.com/.
The transaction closed March 11, 2020. MVP Capital served as financial advisor to Repeater Communications Group. Alston Bird, LLP represented Repeater Communications and Lowenstein Sandler LLP represented InSite Wireless Group as legal counsel.
SOURCE InSite Wireless Group, LLC
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