Catalyst Investors exits InSite Wireless
Macquarie Infrastructure Partners III has acquired a 42.5 percent stake in InSite Wireless Group LLC as part of an initial investment of approximately $280 million. Catalyst Investors and other minority investors were the sellers. InSite Wireless develops, owns, operates and manages communications wireless infrastructure facilities primarily for the wireless and broadcast industries. Evercore served as financial advisor to InSite while Lowenstein Sandler LLP and Sullivan and Worcester LLP provided legal counsel. Guggenheim Securities served as financial advisor to MIP III and White & Case LLP provided legal counsel.
2 August 2016•4 mins read
