.
MergerLinks Header Logo

New Deal


Announced

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

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For30%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

United States

Telecommunications Equipment

Private Equity

Pending

wireless infrastructure

Minority

Private

Acquisition

Single Bidder

Friendly

Synopsis

Edit

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.”

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US