MEXICO CITY; BOSTON, MA – Pinpoint Capital Advisors1 ("Pinpoint") acted as exclusive financial advisor to CCTN Mexico (dba "Centerline"), a Boston, MA - based communications tower developer, owner and manager, on its sale to Mexico Telecom Partners ("MTP").
CCTN Mexico’s business includes 103 newly constructed, strategically located towers, generating secure, recurring revenues from long-term leases with wireless and government tenants Altán Redes and La Comisión Federal de Electricidad ("CFE"), across 10 Mexican states. The portfolio is positioned for strong organic growth driven by contracted annual escalators and new tenant colocation.
Mexico Telecom Partners was founded in 2014 and has grown to become the largest private operator of telecommunications infrastructure in Mexico with over 3,750 towers deployed across the country. In addition to wireless towers, MTP’s portfolio also includes data centers and other mission critical infrastructure. MTP is owned by funds managed by major digital infrastructure investment managers Macquarie Asset Management and DigitalBridge.