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New Deal


Announced

Completed

Centerbridge Partners-backed Landscape Acquisition Holdings completed the acquisition of AP WIP Investments for $860m.

Financials

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Transaction Value£664m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

wireless communications

Private

Single Bidder

Friendly

Acquisition

Private Equity

telecommunications infrastructure

Majority

Telecommunications infrastructure

Completed

Domestic

Synopsis

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Centerbridge Partners-backed Landscape Acquisition Holdings, a special purpose acquisition vehicle, completed the acquisition of AP WIP Investments, one of the largest global aggregators of real property interests underlying wireless telecommunications cell sites, for $860m. "The Landscape team's decades of leadership experience in growing and managing public and private companies, broad real estate and capital markets knowledge, and disciplined acquisition strategy will be instrumental in further growing our current portfolio and expanding into adjacent digital infrastructure businesses and assets to meet that demand," Bill Berkman, AP WIP Investments CEO.

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