Centrus acted as exclusive debt adviser to Ancala Partners LLP (Ancala) in arranging the financing for its acquisition of 300 telecom towers across Ireland from Phoenix Tower International (PTI).
The portfolio forms a cornerstone investment for Ancala’s newly launched tower platform, TorLoc Towers, which has assumed the existing customer contracts and will continue to provide critical infrastructure services to mobile network operators and other clients, including emergency services, rural broadband providers and private enterprise networks.
This landmark transaction marks Ancala’s first tower acquisition in Ireland, which aims to become a leading independent tower platform. Ancala intends to grow the platform organically and through complementary acquisitions.
“We are delighted to have supported Ancala on this important acquisition. Telecom towers represent mission-critical digital infrastructure, and this transaction underlines both the resilience of the sector and Ancala’s commitment to investing in assets that deliver long-term value for communities and shareholders alike”
Scott Douglas, Senior Director, Head of Debt Advisory – Centrus
Centrus continues to support real asset investors across Europe and North America with expert debt and capital advisory services for digital and essential infrastructure.
For more information, please contact Scott Douglas, Senior Director, Head of Debt Advisory.