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Carlyle to invest $1bn in Tillman Infrastructure.

Synopsis

Carlyle, an investment firm, agreed to invest $1bn in Tillman Infrastructure, a privately held cell tower platform in the United States. “Tillman Global has built a world-class portfolio of digital infrastructure assets with a demonstrated operating model for partnering with and delivering high-quality service to customers. We see significant opportunity for growth given the long-term secular demand drivers of mobile data proliferation, digital connectivity, and the convergence of digital infrastructure operating models. We look forward to a strong, long-term partnership and to leveraging Carlyle's scale, resources, and access to capital to drive sustainable growth with Tillman," Joshua Pang, Carlyle Head of Digital Infrastructure for Global Infrastructure.

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