Announced
Completed
Financials
Tags
real estate services
United States
Private
Majority
Friendly
Domestic
Acquisition
Real Estate Services
Private Equity
Completed
Synopsis
Highgate Capital, a real estate investment and hospitality management company, and Aurora Health Network, a healthcare-focused investment firm, completed the acquisition of the wellness infrastructure business of DigitalBridge, a global digital infrastructure REIT, for $3.2bn. "We are pleased to close this complex transaction on our original timetable thanks to the hard work of Rich Welch and his team, who led this division through an unprecedented pandemic. This transaction marks the completion of our ‘diversified to digital’ transformation and further strengthens our corporate capitalization as we focus on continuing to build our industry-leading digital infrastructure platform," Jacky Wu, DigitalBridge CFO.
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