DigitalBridge to Take JTOWER Private, Acquires Majority Stake
DigitalBridge Group, Inc. (NYSE: DBRG) has successfully completed a tender offer for JTOWER Inc. (TSE: 4485), acquiring a 75.62% controlling interest for JPY 70.1 billion. The acquisition was conducted through DB Pyramid Holdings, , a special purpose entity owned by DigitalBridge-managed funds. DigitalBridge plans to take JTOWER private, with delisting expected in Q1 2025.
This strategic investment marks DigitalBridge's expansion into the Japanese digital infrastructure market. Justin Chang, Senior Managing Director at DigitalBridge, expressed excitement about the investment's potential to accelerate JTOWER's growth and enhance connectivity in Japan. Atsushi Tanaka, Representative Director of JTOWER, welcomed the partnership, citing DigitalBridge's expertise and financial backing as key to JTOWER's future growth and advancement of infrastructure sharing in Japan.
DigitalBridge Group, Inc. (NYSE: DBRG) ha completato con successo un'offerta pubblica di acquisto per JTOWER Inc. (TSE: 4485), acquisendo un 75,62% di partecipazione di controllo per JPY 70,1 miliardi. L'acquisizione è stata effettuata tramite DB Pyramid Holdings, un'entità a scopo speciale di proprietà dei fondi gestiti da DigitalBridge. DigitalBridge pianifica di rendere JTOWER una società privata, con la delistazione prevista per il Q1 2025.
Questo investimento strategico segna l'espansione di DigitalBridge nel mercato delle infrastrutture digitali giapponesi. Justin Chang, Senior Managing Director di DigitalBridge, ha espresso entusiasmo per il potenziale dell'investimento di accelerare la crescita di JTOWER e migliorare la connettività in Giappone. Atsushi Tanaka, Direttore Rappresentante di JTOWER, ha accolto la partnership, citando l'expertise e il sostegno finanziario di DigitalBridge come elementi chiave per la futura crescita di JTOWER e lo sviluppo della condivisione delle infrastrutture in Giappone.
DigitalBridge Group, Inc. (NYSE: DBRG) ha completado con éxito una oferta pública de adquisición por JTOWER Inc. (TSE: 4485), adquiriendo un 75.62% de participación de control por JPY 70.1 mil millones. La adquisición se llevó a cabo a través de DB Pyramid Holdings, una entidad de propósito especial propiedad de los fondos gestionados por DigitalBridge. DigitalBridge planea privatizar JTOWER, con la deslisting esperada para el Q1 2025.
Esta inversión estratégica marca la expansión de DigitalBridge en el mercado de infraestructura digital japonés. Justin Chang, Director Senior de DigitalBridge, expresó su entusiasmo por el potencial de la inversión para acelerar el crecimiento de JTOWER y mejorar la conectividad en Japón. Atsushi Tanaka, Director Representante de JTOWER, dio la bienvenida a la asociación, citando la experiencia y el respaldo financiero de DigitalBridge como clave para el futuro crecimiento de JTOWER y el avance en la compartición de infraestructuras en Japón.
디지털브릿지 그룹 주식회사 (NYSE: DBRG)는 JTOWER 주식회사 (TSE: 4485)에 대한 공개 매수 제안을 성공적으로 완료하였으며, 75.62%의 지배 지분을 일본 엔 701억 엔에 인수했습니다. 이 인수는 디지털브릿지가 관리하는 펀드가 소유한 특별 목적의 법인인 DB 피라미드 홀딩스를 통해 진행되었습니다. 디지털브릿지는 JTOWER를 비상장 기업으로 전환할 계획이며, 2025년 1분기에 상장 폐지가 예상됩니다.
이 전략적 투자는 디지털브릿지의 일본 디지털 인프라 시장 진출을 의미합니다. 디지털브릿지의 선임 상무이사인 저스틴 창은 이번 투자가 JTOWER의 성장을 가속화하고 일본의 연결성을 향상시킬 수 있는 잠재력에 대한 기대감을 표현했습니다. JTOWER의 대표 이사인 타나카 아쓰시는 디지털브릿지의 전문성과 재정적 지원이 JTOWER의 향후 성장과 일본 내 인프라 공유의 발전에 중요한 역할을 할 것이라고 환영하고 언급했습니다.
DigitalBridge Group, Inc. (NYSE: DBRG) a réussi à finaliser une offre publique d'achat pour JTOWER Inc. (TSE: 4485), acquérant un 75,62% d'intérêt de contrôle pour JPY 70,1 milliards. L'acquisition a été réalisée via DB Pyramid Holdings, une entité à but spécial détenue par des fonds gérés par DigitalBridge. DigitalBridge prévoit de rendre JTOWER privée, avec un retrait de la cote attendu pour le Q1 2025.
Cette investissement stratégique marque l'expansion de DigitalBridge sur le marché japonais des infrastructures numériques. Justin Chang, Directeur Général Senior chez DigitalBridge, a exprimé son enthousiasme quant au potentiel de l'investissement pour accélérer la croissance de JTOWER et améliorer la connectivité au Japon. Atsushi Tanaka, Directeur Représentant de JTOWER, a salué le partenariat, citant l'expertise et le soutien financier de DigitalBridge comme des éléments clés pour la croissance future de JTOWER et l'avancement du partage d'infrastructure au Japon.
DigitalBridge Group, Inc. (NYSE: DBRG) hat erfolgreich ein Übernahmeangebot für JTOWER Inc. (TSE: 4485) abgeschlossen und dabei eine 75,62% controlling interest für JPY 70,1 Milliarden erworben. Die Übernahme wurde über DB Pyramid Holdings durchgeführt, eine spezielle Zweckgesellschaft, die von DigitalBridge verwalteten Fonds gehört. DigitalBridge plant, JTOWER privat zu nehmen, mit einer Delistung, die für Q1 2025 erwartet wird.
Diese strategische Investition markiert die Expansion von DigitalBridge in den japanischen digitalen Infrastruktursektor. Justin Chang, Senior Managing Director bei DigitalBridge, äußerte Begeisterung über das Potenzial der Investition, das Wachstum von JTOWER zu beschleunigen und die Konnektivität in Japan zu verbessern. Atsushi Tanaka, Vertreter der JTOWER, begrüßte die Partnerschaft und nannte die Expertise und die finanzielle Unterstützung von DigitalBridge als entscheidend für das zukünftige Wachstum von JTOWER und den Fortschritt im Bereich der Infrastrukturteilung in Japan.
- Acquisition of 75.62% controlling stake in JTOWER for JPY 70.1 billion
- Expansion into the rapidly growing Japanese digital infrastructure market
- Potential for accelerated growth and enhanced connectivity in Japan
- Strengthening of DigitalBridge's global digital infrastructure portfolio
- Significant capital expenditure of JPY 70.1 billion for the acquisition
- Potential integration challenges in a new market
Insights
The acquisition of a
Taking JTOWER private could streamline decision-making and potentially accelerate growth initiatives without the constraints of public market pressures. The planned delisting in Q1 2025 suggests a long-term commitment to the Japanese market.
For investors, this acquisition diversifies DBRG's portfolio geographically and strengthens its position in the Asia-Pacific region. The deal's size relative to DBRG's
The partnership with JTOWER's management, retaining a stake through Cultive, suggests a collaborative approach that could benefit from local expertise while implementing DigitalBridge's global best practices.
JTOWER's acquisition by DigitalBridge is a strategic move in the rapidly evolving digital infrastructure landscape. As Japan accelerates its 5G rollout and prepares for future technologies, JTOWER's infrastructure sharing model becomes increasingly valuable.
The company's focus on capital efficiency for telecom operators aligns with the industry trend towards shared infrastructure, which can significantly reduce deployment costs and time-to-market for new network technologies.
DigitalBridge's global expertise could help JTOWER optimize its operations and potentially introduce innovative solutions from other markets. This could include advanced small cell deployments, edge computing infrastructure and IoT-focused network solutions.
For the Japanese market, this investment could catalyze faster and more efficient digital infrastructure deployment, benefiting both telecom operators and end-users. It may also spur competition and innovation in the sector, potentially leading to improved services and coverage across Japan.
Justin Chang, Senior Managing Director and Head of
Atsushi Tanaka, Representative Director of JTOWER, said: “We are excited to enter the next phase of JTOWER’s growth in partnership with DigitalBridge, a global leader in digital infrastructure investment. With their strategic expertise and financial backing, JTOWER is well-positioned to further enhance capital efficiency for its customers and drive the advancement of infrastructure sharing in Japan.”
This acquisition strengthens DigitalBridge’s global portfolio of digital infrastructure assets and reinforces its commitment to driving growth and innovation in key markets. By leveraging DigitalBridge’s global expertise and resources, JTOWER is well-positioned to expand its leadership and meet the growing demand for digital infrastructure in
About DigitalBridge
DigitalBridge (NYSE: DBRG) is a leading global alternative asset manager dedicated to investing in digital infrastructure. With a heritage of over 25 years investing in and operating businesses across the digital ecosystem, including cell towers, data centers, fiber, small cells, and edge infrastructure, the DigitalBridge team manages over
About JTOWER
JTOWER (TSE: 4485) is a leading provider of shared telecommunications infrastructure, specializing in the development and management of telecommunication towers and in-building solutions (IBS) across
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Media:
Joele Frank, Wilkinson Brimmer Katcher
Sarah Salky
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Source: DigitalBridge Group, Inc.
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