Harmoni Towers, a portfolio company of Palistar Capital LP, an alternative asset manager focused on mission-critical communications infrastructure, yesterday announced the appointment of Yannis Macheras as Chief Executive Officer of Harmoni, effective immediately.
Macheras was previously CEO of Parallel Infrastructure and joined Harmoni in November 2022, when Harmoni acquired Parallel. Macheras has held senior roles at various public and private infrastructure companies over the past two decades.
Harmoni is the second largest privately-owned wireless tower owner in the U.S. and one of the nation’s most active tower builders, with over 2,000 sites constructed or in development. Harmoni’s mission-critical communications infrastructure provides much needed coverage and capacity solutions for a diversified group of mobile network operators and other end-users.
Omar Jaffrey, Managing Partner and Founder of Palistar, said, “We are delighted to have Yannis in his new role as CEO of Harmoni. Palistar continues to expect, over time, to deploy in excess of $1 billion via equity and debt financing into Harmoni in order to promote the expansion of the business. Everyone looks forward to his stewardship as we continue to grow the business through best-in-class service to our end customers and meaningful partnerships with our landlords, the communities in which we provide infrastructure and our trusted supply chain. Yannis brings a unique understanding of the communications infrastructure business and is well known as a carrier trusted leader and visionary in the wireless tower industry.”
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