CBRE Caledon Acquires Majority Stake in CitySwitch Tower Holdings
September 14, 2021
CBRE Caledon Capital Management has entered into a definitive agreement to acquire a majority equity interest in CitySwitch Tower Holdings, a build-to-suit wireless tower developer and operator, from funds managed by American Infrastructure Funds LLC and other shareholders. The investment (made on behalf of a CBRE Caledon fund and a separately managed account) will support CitySwitch's expansion of its tower portfolio and build-to-suit pipeline across the eastern United States.
- Targets
- CitySwitch Tower Holdings, LLC
- Sellers
- Funds managed by American Infrastructure Funds LLC, Other shareholders
- Industry
- Telecommunications
- Location
- Georgia, United States
- Transaction Type
- Buyout
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