DigitalBridge to Sell Wildstone Having Achieved Significant Growth and Market Penetration

DigitalBridge Group, Inc. announced that funds affiliated with its investment management arm, DigitalBridge Investment Management (collectively, “DigitalBridge”), have entered into an agreement to sell Wildstone, the leading owner of independent outdoor media infrastructure in the UK, to Antin Infrastructure Partners.

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“We are delighted to have delivered on our vision for Wildstone, positioning it at the forefront of the outdoor media infrastructure market. By investing in Wildstone’s billboard digitization strategy and supporting its strategic acquisitions, DigitalBridge has enabled Wildstone to achieve substantial growth and significant market penetration on an accelerated basis.”

DigitalBridge acquired Wildstone, which owns a high-quality portfolio of over 3,000 billboards in premium locations, in January 2020. Since that time, the DigitalBridge team has worked closely with Wildstone founder and CEO Damian Cox to help the business execute on its billboard digitization strategy.

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Steven Sonnenstein, Senior Managing Director at DigitalBridge Investment Management, said, “We are delighted to have delivered on our vision for Wildstone, positioning it at the forefront of the outdoor media infrastructure market. By investing in Wildstone’s billboard digitization strategy and supporting its strategic acquisitions, DigitalBridge has enabled Wildstone to achieve substantial growth and significant market penetration on an accelerated basis.”

Damian Cox said, “We are grateful to Steven and the entire DigitalBridge team for the resources and expertise they have provided over the past two years. Their support has been instrumental in enabling Wildstone to successfully grow while delivering on our mission to drive the digital evolution and shape the future of the outdoor media infrastructure market.”

Greenhill is serving as financial adviser to DigitalBridge and Wildstone; Linklaters is serving as legal adviser to DigitalBridge; Lewis Silkin is serving as legal adviser to Wildstone; and PwC is acting as financial and tax adviser to Wildstone.

DigitalBridge (NYSE: DBRG) is a leading global digital infrastructure investment firm. 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 a $47 billion portfolio of digital infrastructure assets on behalf of its limited partners and shareholders. Headquartered in Boca Raton, DigitalBridge has key offices in New York, Los Angeles, London, and Singapore.

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