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Announced

Harrison Street to acquire a minority stake in Summit Infrastructure Group from SDC Capital Partners.

Synopsis

Harrison Street, an investment management firm focused on alternative real assets, agreed to acquire a minority stake in Summit Infrastructure, a dark fiber network solutions and bandwidth infrastructure provider, Group from SDC Capital Partners, a private equity firm. Financial terms were not disclosed. "We are thrilled to partner with SummitIG, which has a world-class management team, track record of growth, and is well positioned for long-term success, as Harrison Street expands its strategy of investing in critical digital infrastructure assets," Michael Hochanadel, Harrison Street Managing Director and Head of Digital.

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