Digita Group has introduced that it has reached an settlement to be acquired by GI Partners. Buyside assist was equipped by specialists from PMP Technique.
Based in 2001, GI Partners is a personal investment agency with over 180 workers and workplaces in San Francisco, New York, Dallas, Chicago, Greenwich, Scottsdale, and London. The agency has raised greater than $47 billion in capital and invests on behalf of main institutional traders world wide by means of its non-public fairness, actual property, and information infrastructure methods.
Digita Group is without doubt one of the largest impartial, diversified tower firms in the Nordics, with nationwide tower portfolios throughout each Finland and Iceland. Since 2018, Digita has been owned by funds managed by an affiliate of DigitalBridge Group, Inc. Below DigitalBridge’s possession, Digita advanced right into a scaled, diversified tower and broadcast infrastructure platform, increasing from roughly 200 tower websites to greater than 950, whereas accelerating development in its Information Centre and Web of Issues (IoT) platforms.
The brand new partnership will see DigitalBridge exit, whereas enabling Digita to proceed to serve its shoppers to the best customary, while additionally accelerating its development. It is going to proceed to function as an impartial firm inside GI Partners’ portfolio, leveraging GI Partners’ assist, experience, and expertise – with the deal anticipated to shut in the primary quarter of 2026.
Vesa Tykkyläinen, CEO of Digita, mentioned, “We’re excited for our new partnership with GI Partners and stay up for proceed to develop and obtain our ambitions collectively.”
Professionals from PMP Technique supported GI Partners as buyside business and technical advisors to the acquisition. The group which helped to make the transaction successful included: Reef Learn, Ming Chyuan Chan, James Semple, Adil Parvez, Ayush Agrawal, Clément Bouvry, Ramya Sivanandam, Sachit Bhatia, Pierre-Alexis Corpechot, Maanvi Rathi, Clémence Le Forestier.
Based in 2003, PMP Technique works with its shoppers to assist make sure the sustainable operational enchancment of organisations, groups and collaborators, and to make use of technique to grasp the most effective worth for offers. One in all its key specialisms is the TMT sector, the place it commonly helps to finish key transactions.
Talking on the deal, Matt Barker, head of European information infrastructure for GI Partners, added, “We’re excited to be making this platform investment to assist Digita and its administration group on the following stage of the corporate’s development. We recognise the position that Digita performs in offering important communication and connectivity companies to the populations of Finland and Iceland and see nice alternative to additional broaden the platform as an impartial tower firm, and operator of high-quality information centres and IoT networks.”
The transfer comes at a time when tower operators are taking over elevated significance amid numerous key systemic modifications to the worldwide financial system. In addition to the implementation of IoT and 5G expertise, the infrastructure of telco-towers can also be seen as a vital a part of the worldwide shift to internet zero.
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