PR Archives:  LatestBy Company By Date

Press Release -- July 2nd, 2021
Source: arcadia-towers

Arcadia Towers Partners with SDC Capital Partners for Capital

Partnership to amplify Arcadia’s growth trajectory in wireless tower development and management for commercial, private, and municipal property owners.

June 29, 2021. Arcadia Towers Group, LLC (“Arcadia”) announced today a newly formed partnership with SDC Capital Partners, LLC (“SDC”). SDC has committed up to $50 million of equity capital to support Arcadia’s growth. Arcadia is a leading developer, owner, and manager of communication tower infrastructure and rooftop sites that serve as critical locations for commercial, industrial, and public wireless networks. SDC’s investment will support Arcadia’s growth across the company’s four strategic initiatives: municipal & school district partnerships; acquisitions of
existing tower assets; carrier build-to-suit services; and rooftop management for commercial real estate owners.

“We are thrilled to welcome SDC as an investor and trusted advisor,” says Sam Johnston, Arcadia’s co-founder and CEO. “The SDC team brings a wealth of operating experience and focus on digital infrastructure that aligns with Arcadia’s long-term strategic plan. SDC’s investment allows us to aggressively develop and acquire the wireless sites needed by our carrier-customers as they deploy new spectrum and densify their networks, to fulfill the promise of 5G technology,” adds Johnston. “We look forward to partnering with municipalities, school districts, real estate owners, and tower developers to help achieve that promise.”

“Sam and team have an established history and exceptional reputation as successful developers and operators of communications infrastructure, both with wireless carriers as well as the communities in which they do business,” said Alexander Kelloff, Partner at SDC. “With the deployment of 5G and continued network investment across the communications ecosystem, it’s an exciting era for the wireless industry and Arcadia. We look forward to helping accelerate Arcadia’s growth.”

Experienced industry leaders, John Rolander and Scott Billups join Arcadia’s management team. Rolander serves as Chief Development Officer, responsible for the company’s private public partnership program with school districts and municipalities. Rolander most recently served as a Managing Director of Capital Markets and Municipal Underwriting in the public finance industry. Billups serves as CFO and oversees the company’s financial and M&A activities. He has served in the CFO role for multiple private equity-backed portfolio companies in the financial services industry and has experience as a senior finance executive with public companies.

About Arcadia Towers
Arcadia Towers Group, LLC is a leading wireless infrastructure company, focused on the development and management
of tower and rooftop sites to serve the needs of wireless service providers. Arcadia partners with commercial, private,
and municipal property owners to maximize the value of under-utilized real estate assets through long-term wireless site
leases. Based in Cincinnati, OH and with more than 25 years in the tower industry, Arcadia’s principals have experience
across all phases of tower development including collocation, build-to-suit, site management, rooftop management,
acquisitions, and tower development programs.
For more information, please visit:

About SDC Capital Partners
SDC Capital Partners, LLC is a global digital infrastructure investment firm. SDC invests in data centers, fiber networks,
wireless infrastructure and associated businesses with a focus on opportunities to leverage its deep operational expertise
in partnership with exceptional teams to create value.
For more information, please visit:
Media Contact
Sam Johnston
Co-Founder & CEO | 513-702-0628
Brooke Guigui

PR Archives: Latest, By Company, By Date