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Apollo sells tower logo to Harmoni Towers igniting $1bn comms platform

The transaction paves way to the creation of the fifth largest tower company and the second largest private independent tower company in the US.

By João Marques Lima

Founder and Editor, The Tech Capital

4 Mins

August 30, 2022 | 7:39 PM BST

Apollo sells tower logo to Harmoni Towers igniting $1bn comms platform

Source: Harmoni Towers

The Tech Capital

Harmoni Towers, a portfolio company of Palistar Capital LP, an alternative asset manager focused on communications infrastructure, has agreed to acquire tower company Parallel Infrastructure from funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO).

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João Marques Lima

Founder and Editor, The Tech Capital

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