Its strategically located sites provide essential infrastructure for mobile network operators (MNOs), emergency services, rural broadband providers and private enterprise networks to deliver reliable connectivity.
Ancala secured the investment through its proven ability to navigate complex transactions. TorLoc Towers was created from a mandatory remedy disposal linked to Phoenix Tower International’s acquisition of Cellnex Ireland.
By proactively approaching the vendor with a bespoke solution, Ancala was able to offer the certainty of regulatory approval and timing they required. Ancala’s strong track record in delivering corporate carveouts was a decisive factor in being selected as the preferred partner.
TorLoc Towers aims to become a leading independent tower platform in Ireland and a trusted partner of choice to its clients. Ancala intends to grow the platform organically and through complementary acquisitions.