Everest Infrastructure Partners has completed the acquisition of tower assets from Vertel.

Everest Infrastructure ANZ, a subsidiary of Pittsburgh-based Everest, has expanded its tower portfolio in Australia after completing the purchase from Australian telco Vertel.

Financial terms of the acquisition were not disclosed. The company didn't disclose a specific number but noted that the transaction expands its presence in Australia to more than 100 locations in the country.

Everest did confirm the transaction covers towers in New South Wales, Western Australia, and, Victoria.

“Everest is pleased to have been selected by Vertel for this transaction,” said Will Heapy, CEO of Everest Infrastructure Partners ANZ.

“This expands Everest’s regional footprint to over 100 locations across Australia. With several thousand communications sites in the pipeline, Everest has established itself as a leading independent tower company serving the infrastructure needs of wireless carriers across Australia."

Everest acquired Portuguese tower company Blue Sites Telco last year. It represented the fourth international market that Everest has invested in after the US, where it's based, along with Australia, and New Zealand.

Across the four countries, Everest owns more than 2,500 communications tower sites.

Vertel is an Australian-owned and operated telecommunications carrier and ICT managed services provider.