Wafra and Post Road Invest in Intermountain Infrastructure Group
February 22, 2023
Wafra Inc. and Post Road Group announced a joint investment in Intermountain Infrastructure Group (IIG) to support accelerated deployment of IIG's long-haul, regional and metro fiber networks. The capital will enable network expansion — including a new long‑haul route in the Intermountain Region — and support IIG's dark fiber, lit services and colocation offerings for hyperscale, cloud, carrier and content customers.
- Buyers
- Wafra Inc., Post Road Group
- Targets
- Intermountain Infrastructure Group LLC
- Industry
- Infrastructure
- Location
- California, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Capital Constellation Acquires Minority Stake in Post Road Group
March 3, 2022
Financial Services
Capital Constellation, a group of institutional investors managed by Wafra Inc., acquired a passive minority ownership interest in alternative investment manager Post Road Group. The investment (terms undisclosed) will provide strategic and financial support to help Post Road scale its team, expand product offerings across real estate and corporate credit strategies, and broaden its institutional investor network.
-
Wafra Takes Minority Stake in Thompson Street Capital Partners
August 10, 2022
Financial Services
Funds managed by Wafra Inc. acquired a strategic minority ownership interest in St. Louis-based private equity firm Thompson Street Capital Partners to support the scaling of the Thompson Street platform and execution of key strategic initiatives. Terms were not disclosed and Thompson Street’s management and day-to-day operations remain under existing control.
-
Wafra Acquires Controlling Interest in Mission Clean Energy
October 19, 2022
Renewable Energy
Wafra Inc. has acquired a controlling interest in Mission Clean Energy LLC, a U.S.-based utility-scale renewable energy and storage developer, with Aggregate Power Infrastructure LLC investing alongside. The investment will be used to accelerate delivery and expansion of Mission's ~3 GW solar and battery storage development pipeline across North America.
-
DigitalBridge Acquires Wafra's 31.5% Stake in DigitalBridge IM
April 18, 2022
Financial Services
DigitalBridge Group, Inc. agreed to acquire Wafra Inc.'s 31.5% ownership stake in DigitalBridge's investment management subsidiary (DigitalBridge IM) for $410 million of newly issued DigitalBridge Class A common stock and $390 million in cash, with an earnout of up to $125 million. The transaction will make DigitalBridge the 100% owner of DigitalBridge IM, is expected to be immediately accretive to earnings by increasing fee-related earnings and performance fee entitlement, and furthers corporate simplification and alignment between shareholders and the investment-management platform.
-
Wafra Inc. Acquires Aquila Air Capital from Warburg Pincus
December 16, 2024
Aerospace & Defense
Wafra Inc. completed the acquisition of a controlling interest in Aquila Air Capital, a specialty aviation asset finance and engine leasing platform, from Warburg Pincus. The deal — supported by a credit facility from ATLAS SP Partners — positions Aquila to accelerate expansion, introduce new offerings, and broaden its global customer base under Wafra's ownership.
-
Wafra Acquires Minority Stake in Oak Hill Capital Partners
October 3, 2022
Financial Services
Funds managed by Wafra Inc. acquired a strategic minority ownership interest in Oak Hill Capital Partners from an affiliate of Jefferies Financial Group Inc. The transaction is a strategic partnership (minority growth investment) that will not affect Oak Hill’s control of investment processes or day-to-day operations and is intended to support the firm’s continued growth and strategic initiatives. Financial terms were not disclosed.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.