Linklaters LLP, Simpson Thacher & Bartlett LLP and Stocche Forbes served as legal counsels on the transaction.
Digital Colony Management, LLC (“Digital Colony”), the digital infrastructure investment platform of Colony Capital, Inc. (NYSE: CLNY), today announced Digital Colony Partners’ acquisition of Highline do Brasil II Infraestrutura de Telecomunicações S/A (“Highline”), an independent infrastructure solutions provider for the telecommunications industry, from Pátria Investments (“Pátria”). Financial terms of the private investment were not disclosed. Digital Colony is a leading global investor, owner and operator of companies enabling the next generation of mobile and internet connectivity.
Founded in 2012 by Pátria, Highline has a portfolio of wireless infrastructure assets, including macro towers, which spans all the major urban, suburban, and rural areas of Brazil. The company counts all of Brazil’s major mobile network operators (“MNOs”), including TIM, Vivo, Claro and Oi as its customers.
Highline will continue to be led by CEO Fernando Viotti and an executive team with more than 80 years of collective experience in the Brazilian tower market. The management team has been responsible for scaling Highline from a startup into one of Brazil’s fastest-growing independent tower owners and operators.
The Linklaters team included: Partner Gabriel Silva (Picture), Counsel Kyle Colvin, foreign attorneys Camila Mahfuz, Marcelo Lopes and Isabella Correa, associates Jake Shaner and Lizzeth Merchan and Counsel Shane Milam (Tax).
The Simpson Thacher team included S. Todd Crider, Borja Marcos, Luiz Noronha and Luana Torres (Corporate); John J. Creed and Joseph A. Tootle (Tax); and Steven R. DeLott (Insurance).
Stocche Forbes advised Pátria Infraestrutura Fundo de Investimento em Participações Multiestratégia and Highline do Brasil II Infraestrutura de Telecomunicações S.A. with André Mestriner Stocche, Rafael de Almeida Rosa Andrade and André Bandeira de Mello.
Involved fees earner: Kyle Colvin – Linklaters; Isabella Correa – Linklaters; Marcelo Lopes – Linklaters; Camila Mahfuz – Linklaters; Shane Milam – Linklaters; Jake Shaner – Linklaters; Gabriel Silva – Linklaters; John Creed – Simpson Thacher & Bartlett; Todd Crider – Simpson Thacher & Bartlett; Steven DeLott – Simpson Thacher & Bartlett; Borja Marcos – Simpson Thacher & Bartlett; Luiz Noronha – Simpson Thacher & Bartlett; Joseph Tootle – Simpson Thacher & Bartlett; Luana Torres – Simpson Thacher & Bartlett; André Bandeira de Mello – Stocche Forbes Advogados; Rafael de Almeida Rosa Andrade – Stocche Forbes Advogados; André Mestriner Stocche – Stocche Forbes Advogados;