Digital Colony to Acquire Landmark Dividend LLC (with proposal for Landmark Infrastructure Partners)

Cerberus Capital Management Acquires Landmark Structures from Graycliff Partners

December 20, 2024

Infrastructure

Cerberus Capital Management has acquired Landmark Structures, a North American designer, manufacturer and installer of elevated water and industrial storage tanks, from Graycliff Partners. Landmark, headquartered in Texas, will continue to be led by CEO Chris Lamon (who and the management team retain a minority stake) and will receive Cerberus' support to expand capabilities, services and geographic reach.

ADIA Acquires 40% Stake in Landmark Dividend with DigitalBridge

April 2, 2024

Infrastructure

A wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) has completed the acquisition of a 40% stake in DigitalBridge portfolio company Landmark Dividend LLC alongside DigitalBridge-sponsored vehicles. The minority investment is a strategic partnership to support Landmark's continued expansion of its real estate and digital infrastructure platform across strategic locations in the United States.

Consortium of Declaration Partners, Capitol Meridian and 22C Capital Acquires LMI's For‑Profit Business

July 12, 2022

Government & Public Sector

A consortium of investment firms—Declaration Partners (anchored by the family office of David M. Rubenstein), Capitol Meridian Partners, and 22C Capital—agreed to purchase LMI’s for‑profit subsidiary, which will retain the LMI name. The transaction, advised by KippsDeSanto & Co. and Macquarie, is expected to close in Q3 2022 and aims to accelerate LMI’s evolution into a digital‑focused, tech‑enabled government solutions provider.

Mutual of America Acquires Landmark Life Insurance Company

April 26, 2022

Insurance

Mutual of America Financial Group entered into a Stock Purchase Agreement to acquire Landmark Life Insurance Company, a Texas-based life and annuity insurer owned by The Jarvis Family Limited Partnership. The deal (expected to close in Q3 2022 per the announcement) is intended to expand Mutual of America's guaranteed retirement income capabilities and distribution reach beyond New York.

TriCal Group Acquires Landmark Irrigation from Prospect Partners

January 3, 2022

Agriculture

TriCal Soil Solutions, part of the TriCal Group, has acquired Landmark Irrigation, a full-service agricultural irrigation dealer headquartered in Madera, California, from Prospect Partners. Landmark—operating seven retail locations across California and Arizona and led by Russ Spain and Gene Blocher—will continue to operate under its existing management as part of the TriCal portfolio; Meridian Capital served as Landmark’s advisor on the deal.

Trivest Partners and Lincoln Road Form Landmark Paving Platform

March 23, 2021

Construction

Trivest Partners (via its Discovery Fund) and Lincoln Road Global Management have completed an investment to form Landmark Paving, a new pavement maintenance platform headquartered in Oviedo, Florida. Landmark Paving was created through the acquisition of DH Striping and Lynne Services and will focus on organic growth and strategic add-on acquisitions across the U.S., serving retail, REITs, property managers and site developers.