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FGS Global and Kekst CNC handle the $3B takeover of Radius Global Infrastructure by EQT Active Core Infrastructure and Public Sector Pension Investment Board.
The $15 per share cash price is a 31 percent premium over RGI’s average closing price over the past 90 days.
RGI leases cell sites to cellular tower companies and mobile network operators. EQT is a purpose-driven investment group. PSB is one of Canada’s biggest pension investment fund managers.
Bill Berkman, CEO of RGI, said the transaction represents an exciting next step for his company and a great outcome for shareholders as it provides compelling value.
Alex Greenbaum, a partner in EQT Active Core Infrastructure unit, said RGI “is one of the market leaders in the aggregation of digital infrastructure sites and we believe it will benefit from long-term tailwinds supported by growing demand for data.”
FGS Global’s George Sard, Jared Levy and Jim Barron represent RGI, while Kekst CNC’s Daniel Yunger, Shea Maney, William Halliday and Jayson Pitagorsky handle EQT.
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Brunswick Group represents Universal Music Group as it rejects the unsolicited $65B takeover offer by billionaire Ed Ackman's Pershing Square Capital Management because it “fundamentally and materially undervalues” the world’s largest music company.
Prosek Partners brings on Danielle O’Brien as a managing director in its investor relations practice, based in the firm’s New York office.
Houston’s Dancie Perugini Ware PR represents Fertitta Entertainment as it takes Caesars Entertainment private in a $17.6B cash deal. 
