Founded by the leadership team at Digital Bridge, ATP is a leading owner and operator of mobile and internet infrastructure with an extensive two-decade proven track record in the sector in the United States, Mexico, Colombia and Peru. Digital Bridge previously founded and capitalized Mexico Tower Partners in 2013 and Vertical Bridge in 2014.
"We are extremely delighted with the success of ATP's first institutional capital raise, which is anchored by experienced and very knowledgeable investors in the sector. With partners, such as ISA, The Olayan Group, Equity International, and TC Latin America Partners, ATP will continue its expansion and strategic goal to become the leading telecom infrastructure provider in the Andean region." said Marc C. Ganzi, ATP's Chairman.
"With the experience and know-how in telecommunication infrastructure of the ATP team and Digital Bridge, we believe ATP has substantial capacity to successfully grow its footprint and is well positioned to capitalize on the region's opportunities," said David Syriani, Head of the Americas Private Equity at The Olayan Group.
Sam Zell, founder and chairman of Equity International commented, "In the telecom sector, the emerging markets look a lot like the U.S. did 15 years ago. Demand for mobile and internet service has overwhelmed supply. We see this as a terrific opportunity to apply our ability to institutionalize companies to an asset class that expands the traditional definition of real estate. We're pleased to be doing it with a leading player in the space and exceptionally strong partners."
Gregorio Schneider, Managing Partner and Chief Investment Officer at TC Latin America Partners, explains, "as the penetration of smartphones increases in the Andean region, investment in cellular towers is key to meeting growing data consumption needs. As part of our real estate investment strategy, we are excited to partner with Digital Bridge in this opportunity, and believe in ATP's growth plans to fill this gap in the region".
About Andean Tower Partners
ATP is a privately-owned provider of wireless communications infrastructure in the Andean region. The company owns, operates and manages telecommunications towers, rooftops, small cells and DAS (distributed antenna systems) solutions for mobile operators. ATP was founded by Digital Bridge and has operations in Colombia and Peru.
About Digital Bridge
Founded in 2013 by Marc C. Ganzi and Ben Jenkins, Digital Bridge is focused on the ownership, investment, and active management of companies in the communications infrastructure sector. Since inception, Digital Bridge has raised over $5.2B USD of debt and equity capital used to acquire and invest in the development of communications infrastructure businesses, including DataBank, ExteNet Systems, Vertical Bridge, Andean Tower Partners, and Mexico Tower Partners.
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SOURCE Andean Tower Partners; Digital Bridge