Fresh off an announced acquisition of 450 tower assets yesterday, Global Tower Partners today said it closed on the purchase of Highpointe Group, a rooftop management and consulting business that was the largest site management company in Texas.
Highpointe’s portfolio included 2,422 new managed and master leased rooftop sites, including some along the eastern seaboard.
"The addition of Highpointe to the GTP family solidifies our position as a leading developer and manager of wireless antenna facilities on structures and rooftops throughout the United States," said
Marc C. Ganzi, CEO of Global Tower Partners. “The Highpointe acquisition will also supplement our presence in New York City, Texas, the Southeast and Mid‐Atlantic, where many of these strategic rooftop properties are located.”
Terms of the sale were not disclosed. The acquisition brings GTP’s portfolio to more than 13,000 owned, leased or managed sites, including 3,800 towers.