Peterson Partners Invests $4M In Brazilian Firnm

Salt Lake City-based Peterson Partners, the private equity firm headed by Joel Peterson, the Chairman of JetBlue Airways, said today that it has invested $4M in a Brazilian developer of cell phone towers. Peterson Partners said it invested $4M in QMC Telecom International, as part of a larger syndicate led by Housatonic Partners. QMC is developing hundreds of cell phone towers within Brazil.