CDPQ acquired a 30% stake in Vertical Bridge from GS Infrastructure.

Long term institutional investor Caisse de dépôt et placement du Québec acquired a 30% stake in Vertical Bridge, the largest private owner and operator of communications infrastructure in the United States from GS Infrastructure. Financial terms were not disclosed. “With this acquisition, we expand our exposure to telecommunications infrastructure by partnering with a first class operator that is strategically positioned in the market and brings a wealth of knowledge of the industry,” said Emmanuel Jaclot, Executive Vice President, Infrastructure at CDPQ. “We are delighted to work alongside the Vertical Bridge team, and support the company’s next stages of development and long-term growth in an attractive wireless infrastructure sector.”