Advised Blue Ridge Towers, a leading Mid-Atlantic wireless tower developer, on the sale of certain wireless tower assets to American Tower.
Advised North American wireless tower and infrastructure developer/owner Signum Wireless on the sale of its Canadian portfolio to InSite Wireless (concurrently acquired by American Tower).
Advised US wireless tower developer TowerCom on its $80mm equity capital raising to finance its wireless tower build-to-suit expansion, led by M/C Partners and Fengate Infrastructure.
Advised Clearspan, a leading Australasian acquirer and aggregator of land-under-cell tower sites, in its assessment of strategic alternatives.
Advised Landmark Dividend on the equity capital raising for its new $250M international US digital infrastructure (data center) business with DIF and Northleaf.
Advised Landmark Dividend on the equity capital raising for its $400M international communications infrastructure investment program.
Advised InSite Wireless on its $300M follow-on securitization issue. The issue’s Class A notes were rated “A” and had an ADR of 7 years. All-in pricing was sub 4%.
New Continuum Data Centers’ flagship data center, NCDC 603 in West Chicago was completed and commissioned in early 2015. New Continuum retained Pinpoint Capital Advisors to explore strategic alternatives.
Macquarie Infrastructure Partners acquired a 42.5% equity interest in InSite Wireless for $280M and committed additional investment to promote InSite’s growth. Pinpoint provided financial analysis and advisory services to InSite.
With new long-term equity backing, Vista Radio sought to expand beyond its western-Canada roots. Pinpoint worked with senior management and new private equity owners to pitch and negotiate a transaction with Haliburton Broadcasting.
Vista Radio, one of the largest Canadian private radio groups wished to explore a sale. Pinpoint organized and managed a competitive process to maximize bidder tension and valuation. Vista was sold to Westerkirk Capital, a Thomson family holding company.
As part of two separate transformational transactions for Insite Wireless, Pinpoint provided financial analysis and advisory services to InSite in its acquisitions CTI Towers (controlled by Comcast) and Cox Media’s broadcast tower portfolio.
Pinpoint worked with Richland Towers to review recapitalization alternatives including raising low-cost, long-term pension plan/ infrastructure fund equity.
Pinpoint worked with InSite Wireless to refine its financing plans, helping InSite complete a $177M securitization with the highest leverage for a wireless tower company securitization post financial crisis.
Pinpoint advised the Infrastructure Private Markets Group of Alberta Investment Management (AIMCo), one of Canada’s largest pension plans, on its investment in a portfolio of communications infrastructure businesses in the UK and Australia.
Turris Sites’ founders sought a partial exit for family/estate planning purposes. Pinpoint maximized value and negotiated a structure allowing Turris to sell a control stake and retain significant equity investment and control over business operations.