Acquisition History / DigitalBridge Group (DB Pyramid Holdings LLC) / JTOWER Inc.
DigitalBridge Group (DB Pyramid Holdings LLC) Acquires JTOWER Inc.
Announced August 15, 2024 — $469.4M
What happened
US digital infrastructure investor DigitalBridge, through DB Pyramid Holdings LLC, tendered for Tokyo Growth-listed JTOWER, which builds and operates shared mobile telecom infrastructure in Japan. The offer began on 15 August 2024 and completed on 11 October 2024, with consideration of JPY 70.055bn.
- Target
- JTOWER Inc.
- Announced
- August 15, 2024
- Price
- $469.4M
- Industry
- Shared telecom infrastructure
- Buyer type
- Private equity
- Fund vehicle
- DB Pyramid Holdings LLC
- Backing investors
- DigitalBridge Group
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did DigitalBridge Group (DB Pyramid Holdings LLC) acquire JTOWER Inc.?
DigitalBridge Group (DB Pyramid Holdings LLC) acquired JTOWER Inc. on August 15, 2024. This was DigitalBridge Group (DB Pyramid Holdings LLC)'s 1st publicly tracked acquisition out of 1 we have on record.
How much did DigitalBridge Group (DB Pyramid Holdings LLC) pay for JTOWER Inc.?
DigitalBridge Group (DB Pyramid Holdings LLC) paid $469.4M for JTOWER Inc..
What does JTOWER Inc. do?
US digital infrastructure investor DigitalBridge, through DB Pyramid Holdings LLC, tendered for Tokyo Growth-listed JTOWER, which builds and operates shared mobile telecom infrastructure in Japan. The offer began on 15 August 2024 and completed on 11 October 2024, with consideration of JPY 70.055bn.
What other Shared telecom infrastructure companies has DigitalBridge Group (DB Pyramid Holdings LLC) acquired?
JTOWER Inc. is DigitalBridge Group (DB Pyramid Holdings LLC)'s only publicly tracked acquisition in Shared telecom infrastructure so far.