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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.
Prosek Partners represents Nuveen as it acquires London-based Schroders, which relies on Brunswick Group for PR counsel, in a $13.5B deal.
Qualcomm has recruited Brett Simpson for the senior VP-IR slot at the San Diego-based wireless technology company.
Reevemark handles Eddie Bauer LLC as the retailer inks a Chapter 11 restructuring pact that has it conducting liquidation sales at its US and Canadian stores while working to find a buyer for either all of or part of the chain.
Prosek Partners hires FTI Consulting vet David Roady to build and deepen its relationships in the corporate sector, particularly with chief communications officers and C-suite executives.
Kekst CNC handles Crestview Partners as the private equity firm acquires Tailwind Hospitality, operator of food, beverage and retail concessions in non-hub and regional airports, from Palladin Consumer Retail Partners.
