Jaspan Schlesinger LLP, led by partners Robert Londin, David Paseltiner and Cathleen Allen, on behalf of Melody Capital Partners and certain of its affiliates, successfully negotiated and closed Melody’s recent investment in and strategic relationship with publicly traded Towerstream Corporation, which included $35 million in debt financing and the issuance of warrants to acquire shares of Towerstream’s common stock.
Melody Capital Partners, LP is a New York City based private investment firm. Melody’s specialized lending platform includes a significant practice investing in telecommunications infrastructure companies, telecommunications service providers and related businesses. Melody is also one of the largest independent owners of wireless cellular sites in the United States.
Towerstream Corporation (Nasdaq:TWER) is a leading 4G and Small Cell Rooftop Tower company. The company owns, operates, and leases Wi-Fi and Small Cell rooftop tower locations to cellular phone operators, tower, Internet and cable companies and hosts a variety of customers on its network.
Please click here for the press release regarding this transaction. Feel free to contact Robert Londin at rlondin@jaspanllp.com.