ATLANTA, Aug. 19, 2013 (GLOBE NEWSWIRE) -- Communications Capital Group, LLC said today it has renamed the firm TowerPoint Capital as part of a rebranding effort to better position and differentiate the firm as a leading institutional investor in U.S. cellular site locations.
Since 2007, TowerPoint Capital continuously has created long-term value for its landlord and corporate partners by emphasizing the firm's core values: Knowledge, Professionalism, Integrity and Partnership. The firm is lead by partners with extensive experience in telecommunications infrastructure and real estate asset management.
"This rebranding reflects the evolution of the firm over the past six years from a cell-site lease aggregator, an industry its partners helped pioneer, to its current position as a leading provider of comprehensive solutions to landlords, wireless service providers and tower companies," said Jesse M. Wellner, Principal and Managing Director of TowerPoint.
Having partnered with some of the world's largest financial institutions, TowerPoint is one of the best-capitalized operators in the industry. The new name and branding better aligns with TowerPoint's strategy and highlights its powerful connections to major institutions and access to capital.
"TowerPoint's mission is to leverage our significant knowledge base to create long-term value for our landlord and corporate partners. Our new brand represents the combined vision of the senior leadership team and crystalizes our message to the marketplace as we look to the future," Wellner said. "Our industry feels one dimensional in terms of the prevailing value proposition. TowerPoint is committed to changing that dynamic by increasing our offering in a way that generates real value for our clients."
GTCR LLC, a leading private equity firm, is TowerPoint's equity partner. Since its inception, Chicago-based GTCR has invested more than $10 billion in more than 200 companies and has broad experience in telecom services and specifically in wireless communication
About TowerPoint Capital:
TowerPoint Capital (formerly Communications Capital Group) is a leading institutional investor in cellular site locations across the United States. Since 2007, we have created long-term value for our landlord and corporate partners by emphasizing our core values — Knowledge, Professionalism, Integrity and Partnership. Our leadership team possesses 50 years of combined experience, having invested in (or financed) over $1 billion in telecommunications infrastructure and real estate-related assets.
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