Colony Capital completed the acquisition Digital Bridge for $325m.

Colony Capital, a private equity firm, completed the acquisition Digital Bridge, a holding company which through its subsidiaries, acquires, funds, and manages cellular and broadcasting towers, for $325m. Digital Bridge manages nearly $20bn of digital infrastructure globally, directly and through Digital Colony Partners, and pro forma for Digital Colony Partners’ pending Zayo Group transaction. Combining this portfolio with Colony’s footprint, the merged firm will manage approximately $60bn of assets.