Colony Capital Buys Digital Bridge Holdings, for $325M

colony capitalColony Capital, Inc. (NYSE: CLNY), a Los Angeles based global investment management firm, acquired Digital Bridge Holdings, for $325m.

Formed in 2013 by Marc Ganzi and Ben Jenkins, Digital Bridge Holdings is an investor in and operator of companies enabling the next generation of mobile and internet connectivity. The firm has a track record of creating value based upon its active management of portfolio companies spanning the tower, data center, small cell/DAS and fiber markets.
Digital Bridge Holdings currently has six portfolio companies across the United States and Latin American digital infrastructure markets: Andean Telecom Partners, DataBank, ExteNet Systems, Mexico Tower Partners, Vantage Data Centers, and Vertical Bridge, which collectively have raised and invested over $9.0 billion in debt and equity capital.

Colony Capital is a global investment management firm with assets under management of approximately $60 billion. The firm has significant holdings in:
(a) the healthcare, industrial and hospitality property sectors; and
(b) Colony Credit Real Estate, Inc. (NYSE: CLNC), an externally managed subsidiary of Colony; and
(c) various other equity and debt investments.
Colony has key offices in New York, Paris and London, and over 400 employees across 19 locations in 12 countries.

The acquisition is part of Colony’s strategic evolution into owner and investment manager of assets, businesses, and investment management products in which the digital and real estate frontiers intersect.

It follows the May 2019 final closing of Digital Colony Partners, a $4.05 billion fund sponsored by Colony and Digital Bridge.



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