Parties
Company
Diamond Communications
Company
Ontario Teachers' Pension Plan
Diamond Communications, a leading wireless infrastructure provider supporting high-quality communications and connectivity, has entered into a strategic partnership with Ontario Teachers' Pension Plan Board.
Ontario Teachers' has acquired a significant equity ownership position in Diamond Communications ("Diamond"), joining its existing institutional investors, including Sculptor Real Estate and Manulife Investment Management ("Manulife IM"). In addition to the Ontario Teachers' equity investment, existing investors led by Manulife IM have provided additional equity capital to support Diamond to continue its strong growth trajectory.
Milbank LLP advised Ontario Teachers’ with a team led by Global Corporate/M&A partners John D. Franchini and Aaron Stine along with special counsel Ross Shepard and associate Bobby Sommers. The team also included, among others, Transportation and Space partner Patrick Campbell and associates Darren Fernandez, Brian Murff and Ethan Heben; and Tax partners Max Goodman and Andrew Walker and associate Michael Rivkin.
Morgan Lewis represented Diamond Communications with a team that included partners Etienne Shanon and Jonathan Morris, and associate Julie Thompson represented Diamond.
Deal Type
Joint VentureIndustry
InfrastructureTransaction
Undisclosed/ConfidentialDeal Status
ActiveClosing Date