Digital Colony Completes Acquisition of Landmark Dividend LLC
June 02 2021 - 5:22PM
Landmark Dividend LLC (“Landmark Dividend”), a leading digital
infrastructure company, today announced the completion of its
acquisition by affiliates of Digital Colony Management, LLC
(“Digital Colony”), a leading global digital infrastructure
investment firm. Landmark Dividend owns, among other things, 100%
of the membership interests in the general partner (the “General
Partner”) of Landmark Infrastructure Partners LP (NASDAQ: LMRK) and
13.2% of the common units representing limited partner interests in
LMRK.
“We are excited about our next chapter with
Digital Colony,” said Tim Brazy, Chief Executive Officer at
Landmark Dividend. “We want to thank our board members, Matthew
Carbone, Ed Leung, David Hollon, Trevor Brock and James Brown, for
their partnership over the many years in building Landmark Dividend
into a leading digital infrastructure platform.”
Landmark Dividend was a portfolio company of
American Infrastructure Funds, Brock Capital Group and AVG
Holdings.
RBC Capital Markets, LLC served as exclusive
financial advisor to Landmark Dividend and Latham & Watkins LLP
served as legal advisor to Landmark Dividend. TAP Advisors served
as financial advisor to Digital Colony and Simpson Thacher &
Bartlett LLP served as legal advisor to Digital Colony.
About Landmark Dividend
LLCLandmark Dividend LLC is a real estate and
infrastructure acquisition and development company focusing on the
digital infrastructure, wireless communication, outdoor advertising
and renewable power generation industries.
Landmark Dividend currently manages over 5,000
assets originated on behalf of Landmark Dividend, its active
private investment vehicles and Landmark Infrastructure Partners LP
(NASDAQ: LMRK). LMRK is a publicly-traded subsidiary of Landmark
Dividend LLC established to acquire, own and manage a diversified,
growing portfolio of real property interests and infrastructure
assets.
About Digital ColonyDigital
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 firm manages a portfolio
of digital infrastructure assets on behalf of its shareholders and
limited partners. Digital Colony, a subsidiary of Colony Capital
(NYSE:CLNY), is headquartered in Boca Raton with offices in New
York, Los Angeles, London and Singapore, and has over 90 investment
and operating professionals. For more information, please visit
www.digitalcolony.com.
ContactLandmark Dividend LLCMarcelo ChoiVice
President, Investor Relations(213) 788-4528
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