Colony Capital Acquires Digital Bridge For Digital Infrastructure Holdings [Seeking Alpha]
ZAYO GROUP HOLDINGS INC (ZAYO)
Last zayo group holdings inc earnings: 2/4 04:01 pm
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Source: Seeking Alpha
Colony Capital Acquires Digital Bridge For Digital Infrastructure Holdings Quick Take Colony Capital ( CLNY has acquired Digital Bridge is focused on the ownership, investment and active management of firms in the communications infrastructure sector in the US, Canada, Mexico, Latin America, and Europe. CLNY recently closed a $4 billion investment fund, apparently partly with Saudi PIF money, so the firm has ample firepower for investing in and adding digital infrastructure assets to its growing portfolio. Target Company Boca Raton, Florida-based Digital Bridge was founded in 2013 to acquire ownership of, make investments in and manage companies in the towers, data centers, and small cells/fiber sectors. Management is headed by Marc C. Ganzi Digital Bridge manages almost $20 billion of digital infrastructure assets globally, directly and through Digital Colony Partners, and is expected to do so for its pending Zayo Group Holdings, Inc. ( ZAYO Company partners or major customers includ
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