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Founders' Capital Case
Study
Shared Tower Sites
Founders' Capital Virginia
Capital has provided capital to proven entrepreneurs wishing to
establish an enterprise in an industry with which we are familiar.
Concepts backed by strong management can be funded with the
caveat that any endeavor should achieve profitability in short fashion.
Our fund has provided founders’ capital to proven entrepreneurs
in a variety of businesses, including wireless communication towers,
insurance and self-storage.
Shared Tower Sites Shared
Tower Sites was a new business seeking capital to build and acquire
wireless communication towers. The
business had no revenues and no assets.
The operator had substantial experience operating companies in
the tower industry. VCP,
which had prior experience in the tower industry, crafted a transaction
that provided the entrepreneur with capital to build and acquire tower
sites. As the business
expanded, VCP provided additional equity to further fuel growth.
Shared Tower Sites was sold in 2005 for almost three times
invested capital.
Shared Tower Sites Revenues
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