Carlyle Partners with Tillman Global Holdings, Commits up to $1 Billion to Accelerate Investments in U.S. Towers
Posted on 08/11/2022
Tillman Global Holdings is a holding company that builds businesses in digital and infrastructure. Tillman Global takes an owner-operator approach to investing in platforms globally. Current portfolio companies operate towers, in-building small cells and fiber assets. Carlyle Group (NASDAQ: CG) announced that funds managed by its Global Infrastructure platform have committed up to US$ 1 billion to partner with Tillman Global Holdings to accelerate its investments in Tillman Infrastructure, a privately held cell tower platform in the United States.
In addition to Tillman, during the past year, Carlyle acquired Involta Data Centers, a U.S. data center company focused on hybrid IT and cloud infrastructure, and Wyyerd Fiber Group, a regional fiber-to-home platform in the Southwestern United States for which it also completed an add-on fiber acquisition.
Advisors
Greenberg Traurig LLP advised Carlyle on this transaction. Sullivan and Cromwell and TAP Advisors advised Tillman Global.