InSite Buys Majority Interest in Agile Networks
Thursday, August 08, 2019 | Comments

InSite Wireless Group, a private operator of wireless communications infrastructure, acquired the majority interest in Agile Networks, a provider of telecommunications equipment. Pursuant to the purchase agreement, InSite will become the single largest investor in Agile.

The transaction closed Aug. 1.

The acquisition provides InSite with a portfolio of public-private partnerships and a significant infrastructure network and assets spanning hundreds of locations throughout the Midwest. Agile will become an operating division of InSite.

“The investment in Agile helps to grow InSite’s footprint of wireless tower infrastructure assets while adding a critical public telecommunications network platform,” said David E. Weisman, CEO of InSite. “Agile is a natural addition to InSite’s operations and delivers the resources and additional infrastructure to extend services to customers throughout our current and expanding footprint.”

“This is an exciting period of growth for Agile and we could not have found a more fitting partner to continue delivering connectivity solutions and infrastructure to our diverse customers across the Midwest,” Agile Networks CEO Kyle Quillen said. “Our team has worked extremely hard to build Agile and the infrastructure network to where we are today.”

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