ECO-SITE SECURES ADDITIONAL $90 MILLION IN FUNDING

Latest funding to fuel continued growth, capitalize on drive to 5G,
IoT initiatives

Durham, N.C., March 28, 2018--Eco-Site (www.eco-site.com), a North
Carolina-based wireless tower and infrastructure platform, announces
an additional $90 million in capital. The new funding comes in the
form of a $30 million private equity investment from Atlanta-based
MSouth Equity partners and a $60 million credit facility from a
Chicago-based asset manager.

"With demand for wireless capacity increasing dramatically, Eco-Site
is well-positioned to continue recent momentum and make an even
bigger impact in this space," says Barry Boniface, Partner, MSouth
Equity Partners. "Their exceptional growth rate and strong execution
validate our trust in the team and their approach, and we look
forward to supporting the next chapter in the Eco-Site story."

Eco-Site has expanded rapidly since its inception in 2012, growing
from six to 54 full-time employees and 75 total staff. The company
owns and operates hundreds of tower sites across the U.S. for
T-Mobile, Verizon, Sprint and AT&T - most of which were built in the
last two years. Since 2014, Eco-Site has posted a 396 percent
compound annual growth rate.

Eco-Site CEO Dale Carey credits the company's success to a culture
characterized by constant self-assessment and improvement, and staff
with deep experience at both wireless carriers and tower companies.
Additionally, exponential increases in demand for mobile broadband
data along with corresponding carrier investment in network capacity
and 5G capabilities contribute to the positive outlook for the
company.

"As 5G standards gain approval -
http://cts.vresp.com/c/?Koroberi/3702528f6c/TEST/2c5c292710 , the industry will begin a technology shift with decades-long
effects for wireless network capabilities," says Carey. "The strength
of our approach, coupled with this latest round of funding, positions
us well to capitalize on our platform to drive our next phase of
growth."

For more information about Eco-Site solutions, please visit
www.eco-site.com/services. To learn more about the company, please
visit www.eco-site.com/about.

About Eco-Site

Eco-Site builds, owns and operates wireless towers and infrastructure
sites in the most desirable areas. Founded by wireless industry
executives with extensive carrier and infrastructure experience, we
provide superior real estate solutions for network densification and
expansion. Eco-Site offers single-point access to a nationwide pool
of sites, including build-to-suit towers, colocation solutions and
retail properties. Our unique approach provides carriers customized,
scalable results to meet their ever-changing network needs.

Eco-Site is headquartered in Durham, N.C., with offices nationwide.
To learn more about how we are changing wireless network expansion,
visit www.eco-site.com.

Eco-Site
240 Leigh Farm Rd #415, Durham, NC 27707
Phone: (919)636-6810
Press contact: Dan Gauss
Koroberi
336-409-5391
dan@koroberi.com

This release was published on openPR.