Everest Infrastructure Partners
Everest Infrastructure Partners is a wireless infrastructure aggregator owning and managing 2,500+ tower and rooftop sites across the US, Australia, New Zealand, and Portugal, leasing vertical real estate to mobile network operators (AT&T, Verizon, T-Mobile) and providing managed rooftop services through its Patriot Communications subsidiary.
- Company typePrivate
- Founded2015
- HeadquartersPittsburgh, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Everest Infrastructure Partners does
Everest Infrastructure Partners is a Pittsburgh-based wireless infrastructure operator and aggregator founded in 2015 that owns, markets, and manages more than 2,500 communications tower and rooftop sites across the United States, Australia, New Zealand, and Portugal. The company's core business is aggregating independently owned wireless tower assets — towers, rooftop leases, and land under tower — and leasing that vertical real estate to mobile network operators (AT&T, Verizon, T-Mobile and 100+ service provider customers) on long-term contracts, with 83% of CNS Microwave rental income derived from the three major US carriers. It also delivers managed rooftop services to municipal governments, hospitality, commercial real estate, and healthcare property owners through its wholly owned subsidiary Patriot Communications.
The company operates a proprietary, data-driven aggregation platform refined over two decades, pursuing nearly 2,000 new investment opportunities annually across all markets. Service lines include tower development, leasing and colocation, tower and rooftop acquisitions, land under tower acquisitions, and third-party managed rooftop services. Its technology stack centers on the site-locator tool and proprietary aggregation processes rather than disclosed AI/ML systems; differentiation is built on capital access, scale, and industry relationships rather than software.
Everest generates revenue primarily through recurring subscription-style monthly rents from carriers on long-term leases, supplemented by transaction-based acquisition fees (land under tower), managed services revenue from Patriot Communications (lease audits, revenue collections, site access management), and one-time development fees. Distribution is exclusively direct enterprise sales through a dedicated acquisitions team and executive relationships; the company processes nearly 2,000 acquisition opportunities per year and runs a competitive RFP track for municipal and institutional property owners. Everest is backed by lead equity sponsor TPG Peppertree ($7.9B AUM), with total capital commitments exceeding $2 billion since founding, including a $600 million Goldman Sachs-led senior secured credit facility (December 2023) and a $500 million TPG Peppertree equity commitment (February 2026).
Everest Infrastructure Partners firmographics
Firmographics- Name
- Everest Infrastructure Partners
- Legal name
- Everest Infrastructure Partners, Inc.
- Website
- https://everestinfrastructure.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Everest Infrastructure Partners is a wireless infrastructure aggregator owning and managing 2,500+ tower and rooftop sites across the US, Australia, New Zealand, and Portugal, leasing vertical real estate to mobile network operators (AT&T, Verizon, T-Mobile) and providing managed rooftop services through its Patriot Communications subsidiary.
- Ownership category
- akta.pro rank
Everest Infrastructure Partners industry classification
Industry- Product category
- Wireless Infrastructure Services
- SIC
- Services-Miscellaneous Equipment Rental & Leasing (7350)
- akta.pro primary industry
- Real Estate, Leasing & Colocation Management (Landlords/REITs) (HDAIAKAJ)
- akta.pro secondary industries
- Tower Portfolio Acquisition & Management Platforms (Asset/Lease Management Software) (HDAIAKAL), Tower Operations & Maintenance (Field Services) (HDAIAKAF)
Keywords
Where Everest Infrastructure Partners is headquartered
LocationHeadquarters
- HQ city
- Pittsburgh
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Everest Infrastructure Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel, Technology or R&D, Supply Chain
Revenue model
- Tower leasing and colocation: Everest generates recurring revenue by owning and operating wireless communications towers and rooftop sites. Network carriers (AT&T, Verizon, T-Mobile) pay monthly rent for antenna space. The portfolio includes macro towers, ground leases, and managed rooftop locations. Revenue is subscription-based with long-term lease agreements typically ranging from 5-10+ years.
- Managed rooftop services: Patriot Communications provides managed rooftop services including lease audits, lease optimization, revenue collections, and site access management for third-party property owners (municipal governments, hospitality, commercial real estate, healthcare). Fees are based on managed asset value and performance.
- Tower development: New tower development services for network providers, creating long-term revenue-generating assets. Development projects are pursued in challenging environments where Everest can deliver high-value solutions.
- Land under tower acquisitions: Acquisition of land rights under existing towers, a specialized service where Everest has completed nearly 2,000 cell tower property transactions since 2005.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Investment transactions ranging from small individual tower acquisitions to large portfolio deals up to $500M |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Everest Infrastructure Partners product offering
Product offeringCore offering
Everest Infrastructure Partners owns, operates, and markets wireless communications tower and rooftop infrastructure across the United States, Australia, New Zealand, and Portugal. The company aggregates independently owned wireless tower assets and delivers tower leasing, colocation, new tower development, and managed rooftop services to mobile network operators and property owners. Everest also acquires towers, rooftop sites, and land under towers, pursuing nearly 2,000 new investment opportunities annually.
Product overview
Everest Infrastructure Partners operates a unified wireless infrastructure platform offering tower development, leasing and colocation services, and tower acquisitions. The company also provides managed rooftop services through its acquired subsidiary Patriot Communications. Regional operations span the United States, Australia (Everest ANZ), New Zealand, and Portugal (via Blue Sites Telco acquisition). Core services include tower and rooftop acquisitions, land under tower acquisitions, and site locator services. The platform aggregates independent wireless tower assets for network operators including AT&T, Verizon, and T-Mobile.
Differentiator
Problem solved
Functional benefit
Brands
- Patriot Communications: Managed wireless rooftop services provider acquired by Everest, operating hundreds of locations in 35 states primarily serving hospitality and commercial real estate sectors.
- Blue Sites Telco
- Everest ANZ
Products and services
- Tower Development
Quantifiable outcome
- Team has completed nearly 2,000 cell tower property transactions since 2005
- +3 more outcomes
Companies that use Everest Infrastructure Partners
Customer profileNamed customers13 records
Segments7 records
Ideal customer profiles4 records
Everest Infrastructure Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Everest Infrastructure Partners partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered minor and flagship.
- Ballard Spahr LLPminorBallard Spahr LLP, an Am Law 100 law firm, represented Everest Infrastructure Partners in raising $500 million in new equity capital commitments from TPG Peppertree.
- Thompson Hine LLPminorThompson Hine LLP acted as external legal counsel for Everest in the $600 million Senior Secured Credit Financing transaction.
- King & Spalding LLPminorKing & Spalding LLP acted as legal counsel for Goldman Sachs as Administrative Agent in the Senior Secured Credit Financing.
- TowerCoflagshipEverest and TowerCo jointly acquired 546 wireless towers from Charter Communications in one of the largest portfolio transactions in the US during the past 10 years. Both companies are supported by lead equity sponsor Peppertree Capital Management. Charter continues to serve as Preferred Fiber Provider to applicable tower sites.
- Charter CommunicationsflagshipCharter Communications divested 546+ non-core tower assets to Everest and TowerCo joint venture. Charter continues as Preferred Fiber Provider to applicable tower sites and retains tower-use rights across the new owners' nationwide portfolios.
- Houlihan LokeyminorHoulihan Lokey served as financial advisor to Charter Communications on the tower portfolio sale transaction.
- BNZ BreakersminorEverest ANZ partnered with the BNZ Breakers (New Zealand National Basketball League team) for sponsorship during the NBL24 season. Everest's logo appears on the back of the Breakers' jerseys, demonstrating long-term commitment to invest in critical infrastructure in New Zealand.
- Kalil & Company, Inc.minorKalil & Company served as exclusive financial advisor to Everest in the Arizona tower portfolio acquisition from Antenna Sites Inc.
- CuatrecasasminorCuatrecasas provided legal counsel to Everest for the acquisition of Blue Sites Telco Portugal and European platform launch.
- BDOminorBDO provided advisory services to Everest for the Blue Sites Telco Portugal acquisition.
Scale indicators12 records
Recent moves9 records
Expansion highlights6 records
Everest Infrastructure Partners competitors and assessment
Company assessmentBroad incumbents
- American Tower Corporation: The largest global tower REIT with ~225,000+ communications sites. Directly comparable as a tower landlord to carriers (AT&T, Verizon, T-Mobile), and the dominant incumbent Everest competes against for large US portfolio deals.
- Crown Castle Inc. Major US tower and fiber infrastructure owner with ~40,000 tower sites. Comparable tenant base (Tier-1 US carriers) and competing for the same colocation and small-cell densification opportunities Everest targets.
- SBA Communications: Publicly traded tower REIT operating ~40,000 tower sites globally. Closely comparable business model of owning/leasing tower assets to wireless carriers and competing for independent-tower aggregation transactions.
- Uniti Group: US-focused communications infrastructure operator owning towers, fiber, and wireless-related assets. Comparable tower leasing exposure to US carriers and competes for similar infrastructure consolidation opportunities.
Direct peers
- Cellnex Telecom: Europe's largest independent tower operator with operations across multiple EU markets. Comparable as a tower landlord with similar carrier relationships and active in tower consolidation; relevant benchmark for Everest's Portugal/Blue Sites platform.
- Helios Towers: Independent tower operator focused on emerging markets in Africa and the Middle East. Comparable aggregation/acquisition-led growth strategy and carrier-tower leasing model, though with different geographic focus.
- Phoenix Tower International: Private tower operator with thousands of sites across the Americas and Europe. Closely comparable aggregation strategy, private-equity-backed structure, and focus on consolidating independent tower portfolios — a direct competitive peer in the same deal flow.
- TowerCo: Peppertree-backed independent tower operator that jointly acquired 546 towers from Charter with Everest in 2023. Same equity sponsor, similar aggregation strategy, and directly comparable US portfolio footprint.
Regional players
- Inwit: Italian tower operator (TIM/Vodafone JV) with ~22,000+ sites. Comparable tower-leasing business model and carrier concentration, though focused exclusively on Italy — useful regional benchmark for tower valuations and lease economics.
Others
- DigitalBridge: Alternative asset manager focused on digital infrastructure including towers, fiber, and data centers. Comparable as an investor/operator peer; competes for tower M&A and provides a relevant valuation reference for Everest's potential strategic exit.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Everest Infrastructure Partners social profiles
Digital presenceEverest Infrastructure Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Everest Infrastructure Partners leadership team
Management profileNumber of profiles
Profiles20 records
Everest Infrastructure Partners subsidiaries and ownership
Company hierarchySubsidiaries4 records
Everest Infrastructure Partners funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Everest Infrastructure Partners M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Everest Infrastructure Partners
What does Everest Infrastructure Partners do?
Everest Infrastructure Partners owns, operates, and markets wireless communications tower and rooftop infrastructure across the United States, Australia, New Zealand, and Portugal. The company aggregates independently owned wireless tower assets and delivers tower leasing, colocation, new tower development, and managed rooftop services to mobile network operators and property owners. Everest also acquires towers, rooftop sites, and land under towers, pursuing nearly 2,000 new investment opportunities annually.
Is Everest Infrastructure Partners a public or private company?
Everest Infrastructure Partners is a private company. It is classified as private equity controlled and is currently operating.
When was Everest Infrastructure Partners founded?
Everest Infrastructure Partners was founded in 2015. It employs 51 to 100 people.
Where is Everest Infrastructure Partners based?
Everest Infrastructure Partners is headquartered in Pittsburgh, United States, in the North America region.
How does Everest Infrastructure Partners make money?
Four revenue lines are on record. Tower leasing and colocation is the primary driver. The others are managed rooftop services, tower development and land under tower acquisitions.
Who are Everest Infrastructure Partners's main competitors?
Broad incumbents on record are American Tower Corporation, Crown Castle Inc., SBA Communications and Uniti Group. Direct peers are Cellnex Telecom, Helios Towers, Phoenix Tower International and TowerCo. Inwit is listed as a regional player. DigitalBridge is listed as an others.
Does Everest Infrastructure Partners have an API?
No public API is recorded for Everest Infrastructure Partners.
What industry is Everest Infrastructure Partners in?
Everest Infrastructure Partners's product category is Wireless Infrastructure Services. Its primary akta.pro industry code is HDAIAKAJ, Real Estate, Leasing & Colocation Management (Landlords/REITs), with a secondary code of HDAIAKAL, Tower Portfolio Acquisition & Management Platforms (Asset/Lease Management Software). Its SIC code is 7350.