In a landmark deal, Swiss Life Asset Managers has completed the acquisition of a significant equity stake in Telecom Infrastructure Partners (TIP), a prominent lease aggregator of telecom sites across Europe and Latin America. This strategic move, announced on January 10, 2024, positions TIP for a robust phase of growth amid surging global demand for mobile connectivity.
Strategic Expansion in Telecom Infrastructure
The acquisition, completed on behalf of Swiss Life Asset Managers’ clients, marks a pivotal moment in the company’s expansion into the telecom sector. TIP, now backed by Swiss Life Asset Managers and InfraBridge, is set to capitalize on the increasing need for mobile sites to support the escalating demand for data services worldwide.
Damian Stanley, Managing Partner at InfraBridge, expressed enthusiasm about the partnership, stating, “As the global demand for mobile data continues to surge, we’re thrilled to welcome Swiss Life Asset Managers as a strategic partner. Together, we are well positioned to capitalize on the opportunities ahead.”
Gianfranco Saladino, Head of Value-add Infrastructure at Swiss Life Asset Managers, highlighted the significance of this transaction in the firm’s strategic goals, saying, “The successful completion of this transaction marks a significant milestone in our commitment to investing within the telecom infrastructure sector. We look forward to collaborating with InfraBridge and the talented team at TIP to drive further expansion and innovation in this dynamic market.”
Commitment to Growth and Value Creation
Eric Overman, CEO at TIP, reaffirmed the company’s strengthened market position and commitment to its stakeholders, remarking, “Finalizing this transaction reinforces our position as a key player in the telecom infrastructure landscape. We are grateful for the support of Swiss Life Asset Managers and InfraBridge and remain committed to delivering value to our stakeholders as we embark on this next phase of growth.”
About the Companies
Swiss Life Asset Managers brings over 165 years of asset management experience, primarily honed in the insurance sector, which has profoundly influenced its investment approach centered around value preservation, sustainable performance, and rigorous risk management. The company manages a substantial portfolio across Europe, with significant expertise in infrastructure investments.
InfraBridge, a division of DigitalBridge Group, Inc., focuses on mid-market investments across key sectors such as transportation, logistics, digital infrastructure, and energy transition. The company is renowned for applying private equity rigor and active asset management strategies to maximize investor returns.
Telecom Infrastructure Partners specializes in the aggregation of telecom site leases, providing upfront cash payouts for mobile site leases and managing these sites on a professional scale. Under the leadership of Eric Overman, TIP has expanded its operations to 16 countries, establishing a significant presence in the global telecom landscape.
Conclusion
This partnership underscores a strategic alignment between Swiss Life Asset Managers and InfraBridge, aiming to leverage collective strengths to foster growth and innovation within the telecom infrastructure sector. As these entities join forces, the future looks promising for Telecom Infrastructure Partners and the broader landscape of global telecommunications infrastructure.
Source:
THE FINANCIAL TIMES LTD. Swiss Life Asset Managers Announces Investment in Telecom Infrastructure Partners and Joins InfraBridge as Key Shareholder
Swiss Life Asset Managers – Swiss Life Asset Managers announces investment in Telecom Infrastructure Partners and joins InfraBridge as key shareholder
The Swiss Times – Swiss Life Invest in Telecom Infrastructure
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