Press Release

Kirkland Advises KKR on $1.5 Billion Strategic Equity Investment in Vertical Bridge

Kirkland & Ellis advised KKR on a $1.5 billion equity investment in Vertical Bridge REIT, LLC, the largest private owner and operator of communications infrastructure in the United States. The addition of KKR as a new investor establishes a fully funded, longterm capital structure that supports Vertical Bridge’s strategic plan and reinforces its position as a permanent owner and operator of a nationwide portfolio of more than 17,000 towers. KKR is funding its investment primarily through its core infrastructure strategy.

 

Read the transaction press release

 

The Kirkland team included corporate lawyers John Pitts, Kyle Watson and Gabrielle Sumich; and debt finance lawyers Roald Nashi and Linda Zang.