100% of the equity in Site Seven Media, trading as TowerXchange, was acquired by Euromoney Institutional Investor PLC in a deal announced on Monday, 4 December. The existing TowerXchange management team will all be staying on and transitioning to Euromoney. TowerXchange will maintain its unique focus on the global telecom tower industry, enhanced by the relationships, footprint and business intelligence expertise of FTSE-250 giant Euromoney, which owns some of the world’s most respected investment journals and connectivity infrastructure events.
Over the last five years, TowerXchange has established itself as the leading source of business intelligence and events for the US$300bn global telecom and broadcast tower industry.