LONDON, UNITED KINGDOM – December 4, 2020 – PRESS RELEASE – Zayo Group’s US$14.3bn take-private transaction by Digital Colony and EQT Infrastructure has been named ‘Digital Infrastructure Deal of the Year – Americas’ at the annual TMT M&A Awards 2020.
Key financial advisers on the deal were: Goldman Sachs, JP Morgan (Zayo); Deutsche Bank, Morgan Stanley (EQT, Digital Colony); legal advisers included: Skadden Arps (Zayo), Simpson Thacher & Bartlett, Morgan, Lewis & Bockius (EQT/Digital Colony).
The deal was voted as the clear winner by the judges panel, who described it as ’epic, brave and significant’, and a real game changer for both the European and US fibre markets, with wide ranging implications. The judges also highlighted the structure of the ringfencing of LPs to enable the transaction, which was seen as new and innovative, with a complex range of negotiations taking place. One judge said: “There is everything to love about this deal”.
TMT M&A Awards 2020 celebrate and recognise M&A successes with the world's leading telecom, media and tech dealmakers, providing aspirational benchmarks for the companies nominated and world-class recognition for winners.
Ben Nice, Editorial Director, TMT Finance said: “It’s been an exceptional and challenging year in many ways – but deal flow in TMT has largely proved resilient and robust. Huge deals have been executed in difficult environments. The quality of this year’s shortlists shows that the leading TMT dealmakers have remained busy throughout, with over 135 billion dollars’ worth of deals clocked, representing some of the largest operators, investment firms, and key advisers in the sector. Congratulations to all finalists and winners.”
The awards are produced by TMT Finance. Launched in 2009, TMT Finance is the only M&A and investment information provider for telecoms, media and tech globally, providing trusted proprietary intelligence, deal data and authoritative analysis. Access to TMT Finance enables clients to make critical decisions and seize key investment and business opportunities in the sector.
To see the full list of TMT M&A Awards 2020 winners please visit: https://www.tmtfinance.com/world-congress/awards/winners/winners-announc...