MORRISVILLE – Eco-Site. a fast-growing startup focusing on the wireless industry and towers to support it, is now part of Vertical Bridge, a telecommunications tower infrastruture firm.
The merger closed Monday. No financial terms were announced.
Eco-Site, which launched in 2012, ranked No. 259 on the 2020 Inc. 5000 list with 1,716% revenue growth over the past three years.
As part of the deal, Eco-Site management and cofounders will get new jobs as the industry evolves to embrace next-generation 5G wireless technology:
- Dale Carey was named executive vice president for strategy and convergence
- Bob Glosson was named senior VP for real estate solutions
- Rich Stern was named senior VP for real estate.
Vertical Bridge now has a tower portfolio of over 20,000.
“The wireless sector is significantly different than it was just a few years ago and scale matters more than ever when it comes to being able to meet the evolving needs of our customers,” Carey said in a statement.
“I’ve known the Vertical Bridge team for many years and am excited to work with them under one banner.”