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Extenet Systems Announces Successful Closing Of Manulife Investment

May 10, 2021about 4 years ago
Chicago

Description

ExteNet Systems, the leading private owner and operator of converged communications infrastructure delivering advanced mobility and fiber connectivity, has closed its previously announced strategic investment by Manulife Investment Management. Manulife Investment Management's commitment was sourced for the John Hancock Life Insurance Company (U.S.A.) balance sheet as well as third party managed accounts. Manulife Investment Management joins existing major investors, Digital Colony and Stonepeak Infrastructure Partners, with this transaction. The investment provides the Manulife-led consortium approximately 30% ownership of ExteNet

Company Information

Company

Exte Net Systems

Location

Chicago, Illinois, United States

About

Lisle, IL-based ExteNet Systems, Inc. is the nation's largest privately held provider of converged communications infrastructure and services addressing outdoor and in-building wireless, fiber and other advanced connectivity needs of its customers. Our customers include mobile network operators (MNOs), real estate owners, property managers, wholesale carriers, enterprises, municipalities and rural carriers. Our outdoor small cell and DAS networks are deployed in a variety of urban, suburban and rural environments while indoor networks are deployed in iconic sports and entertainment venues, convention centers, commercial office buildings, college campuses, healthcare facilities, hotels and resorts, and transit systems nationwide. For more information, please visit https://extenetsystems.com/. "ExteNet®" is a registered trademark of ExteNet Systems, Inc.

FundzWatch™ Score

66
Medium Activity