InSite Wireless Group Receives Funding from Catalyst Investors

InSite Wireless Group, LLC, an Alexandria, VA-based owner, operator and manager of wireless communication tower site facilities and distributed antenna systems, has received funding from Catalyst Investors, a New York-based growth private equity firm.
The company will use the capital to expand the company through acquisitions and construction of new towers and DAS projects.
In conjunction with the funding, Catalyst partners Chris Shipman and Todd Clapp will join InSite’s board.
Commenting on the financing, David E. Weisman, President and CEO of the company, was quoted as saying: “This investment, in combination with our existing credit facility, will enable us to acquire and build additional towers and DAS facilities to serve the wireless communications industry”. 

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