Proskauer Reps Charterhouse On $115M NewPath Sale

Law360, New York (July 30, 2010, 5:34 PM EDT) -- Private equity firm Charterhouse Group Inc. said Friday that it had inked a deal to sell distributed antenna system provider NewPath Networks Inc. to a subsidiary of Crown Castle International Corp. for $115 million.

Charterhouse Group expects the transaction to close in approximately 60 days, subject to customary closing conditions.

NewPath develops and operates distributed antenna system networks throughout the U.S. The company designs, owns and operates distributed antenna system networks that deliver coverage and capacity to wireless service providers in areas where traditional network build-out...
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