GREENWICH, Conn., Jan. 26, 2015 /PRNewswire/ -- Melody Wireless Infrastructure, an affiliate of Melody Capital Partners, LP, announced today that it has acquired 908 wireless infrastructure locations from Wireless Capital Partners. The acquisition increases the size of Melody's portfolio to over 2,000 locations.
Omar Jaffrey, Managing Partner at Melody Capital Partners, stated: "We are excited by this new acquisition as Melody is now one of the largest independent owners of wireless infrastructure locations in the United States. This acquisition will allow us to offer combined locations and better meet our customers' needs for wireless networks and communication services."
"With this acquisition of additional assets, we have significantly enhanced our offering of locations to carriers and other customers. We will now be providing multiple options to our carrier customers," David Bacino, the newly appointed President, stated.
Bacino joins Melody after 22 years of leadership roles in the Telecom and Wireless Sector. Bacino comes directly from American Tower where he most recently had responsibility for their Western region. Prior to this he held senior leadership roles with Powerwave Technologies, TerreStar Networks and Nextel Communications.
About Melody Capital Partners
Melody Capital Partners is a New York based private investment firm with a unique strategy of creating financing solutions in partnership with borrowers. Melody has over $1.3 billion in capital and focuses on senior secured loan origination and direct lending in North America. Melody's platform includes investments in telecommunications and wireless infrastructure, telecommunications service providers and related businesses.
For more information on Melody Capital Partners, please visit www.melodypartners.com.
About Melody Wireless Infrastructure
Melody Wireless Infrastructure is one of the largest independent owners of wireless cellular sites in the United States. With a portfolio of over 2,000 tower locations, structures and rooftops, we provide multiple options and combined solutions to wireless providers for network deployment.
For more information, please visit www.melodywireless.com.
SOURCE Melody Wireless Infrastructure