Digital Colony completed the acquisition of Beanfield Technologies $194m.

Digital Colony, the global digital infrastructure investment platform of Colony Capital, completed the acquisition of Beanfield Technologies, an independent bandwidth infrastructure provider in Canada serving the enterprise, carrier and multi-dwelling units markets, for $194m. “As our customers require more bandwidth and faster speeds, our goal is to not only meet their increasing needs, but also find new ways to support them with access to additional resources and Digital Colony’s vast experience in indoor and outdoor small cells. We are extremely happy to partner with Digital Colony. Their support, guidance and sector expertise will be key assets as we enter new markets and verticals, and broaden our carrier, commercial and large-scale residential customer base,” Dan Armstrong, Founder and CEO.