February 7, 2017 — Eco-Site has drawn down the final $20 million of its initial private equity backing from Atlanta-based MSouth Equity Partners, which began at the end of 2012. The company now has hundreds of wireless infrastructure projects in development in 36 states and employs over 45 full-time employees at its headquarters in Durham, North Carolina.
“The Eco-Site story is a successful one, as we’ve worked diligently to grow the business and make our vision of unique wireless network solutions a reality,” says Dale Carey, founder and CEO, Eco-Site. “This round of funding has enabled us to capitalize on market opportunities and lay a strong foundation for years to come.”
Eco-Site markets real estate for wireless network densification, with access to tens of thousands of retail properties. It builds, owns and operates wireless infrastructure sites, as well as providing build-to-suit services.
“Just as we envisioned years ago, Eco-Site has taken advantage of the wireless industry’s growth, specifically the increasing demand for wireless bandwidth and network densification solutions,” said Barry Boniface, partner, MSouth Equity Partners. “We’re pleased with the results of our investment in Eco-Site and look forward to building on their success thus far.”