Eco-Site draws down initial USD 80m funding commitment

Eco-Site, Inc., a North Carolina-based wireless tower and densification solutions company, has used its original funding, drawing down the final USD 20m of its initial private equity backing, the company said.

First announced in December 2012, the USD 80m in equity financing from Atlanta-based MSouth Equity Partners has carried Eco-Site through a period of strong growth. The company now has hundreds of wireless infrastructure projects in development in 36 states and employs over 45 full-time associates at its headquarters in Durham.

Founded in 2012 by wireless industry executives, Eco-Site offers real estate solutions for wireless network densification. It is headquartered in Durham, NC, with offices nationwide.