Digita Group Announces Agreement to Be Acquired by GI Partners

Core Insights - Digita Group has reached an agreement to be acquired by GI Partners, marking a significant transition for the company as it continues to operate independently within GI Partners' portfolio [1][3][4] - Under the previous ownership of DigitalBridge, Digita expanded its tower sites from approximately 200 to over 950 and enhanced its Data Centre and IoT platforms [2][5] - The acquisition is expected to close in the first quarter of 2026, with financial advisement provided by Houlihan Lokey for DigitalBridge and Rothschild & Co. for GI Partners [4] Company Overview - Digita Group, operating as Digita Oy in Finland and IslandsTurnar in Iceland, is one of the largest independent tower companies in the Nordics, with a nationwide portfolio of over 950 tower sites [1][5] - The company plays a crucial role in providing communication and connectivity services, partnering with Yle, Finland's public broadcaster, and serving millions through its telecom infrastructure [5] Investment and Growth Strategy - The new partnership with GI Partners is expected to support Digita's management team in the next stage of growth, focusing on expanding its independent tower operations and enhancing its data centre and IoT networks [3][7] - GI Partners has a strong background in investing in digital infrastructure, managing over $49 billion in assets, which positions them well to support Digita's future growth [6][7]