Stonepeak to Acquire TeleTower from Providence Portfolio Company Bitė Group

Bitė Group is a telecommunications company operating in the Baltic states. They focus on providing mobile, internet, and television services, and are expanding their infrastructure to support these services.

Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets. They invest capital on behalf of pension funds, endowments, and other large institutions, seeking opportunities with strong macro tailwinds and exceptional growth prospects.