Simpson Thacher represented affiliates of Digital Colony Partners in connection with its acquisition of Landmark Dividend LLC (“Landmark”). The transaction closed on June 2, 2021. Financial terms of the transaction were not disclosed.
Landmark is a real estate and infrastructure acquisition and development company focusing on the digital infrastructure, wireless communications, outdoor advertising and renewable power generation industries. Landmark currently manages over 5,000 assets originated on behalf of Landmark, its active private investment vehicles and Landmark Infrastructure Partners LP (NASDAQ: LMRK). LMRK is a publicly-traded subsidiary of Landmark established to acquire, own and manage a diversified, growing portfolio of real property interests and infrastructure assets.
Digital Colony is a leading global investment firm dedicated to digital infrastructure. With a heritage of over 25 years investing in and operating businesses across the digital ecosystem including towers, data centers, fiber, and small cells, the Digital Colony team manages a $32 billion portfolio of digital infrastructure assets on behalf of its shareholders and limited partners.
The Simpson Thacher team includes David Lieberman, Chris May, Ana Sanchez, Malik Ladhani and Garrett Perconti (M&A); Drew Purcell and Brian Mendick (Tax); Brian Gluck and Jason Hwang (Credit); David Rubinsky, Alisa Tschorke and Garrick Ehlers (ECEB); Lori Lesser, Bobbie Burrows and Sam Watters (IP); Adeeb Fadil and Noreen Lavan (Environmental); Krista McManus and Dennis Loiacono (Real Estate); Steven DeLott (Insurance); and Peter Guryan, Kelly Karapetyan and Nathaniel Bronstein (Antitrust).