Seaport Capital completed the sale of its portfolio company, Southeast Towers, LLC, to Diamond Communications, LLC. Southeast Towers has been a Seaport Capital portfolio company since August 2004. Under Seaport Capital's stewardship, Southeast Towers acquired or developed 180 communications towers, becoming one of the largest privately-owned tower development companies in the country. Through the sale Seaport Capital realized 3.6 times its investment resulting in a 60% IRR.