October 14, 2020
Weil advised Apollo Infrastructure in its acquisition of a U.S. telecommunications platform, including a portfolio of operating cell towers and a pipeline of contracted towers under development from Lendlease. The acquired company will rebrand itself as Parallel Infrastructure, a leading build-to-suit tower operator with nearly 500 macro cell towers across the United States and several hundred more under contract or in late-stage development. The transaction closed on October 14, 2020.
The Weil team that advised Apollo Infrastructure was co-led by Mergers & Acquisitions partner Michael J. Aiello and Private Equity partner Brian Gingold. The team also includes Private Equity associates Jenna McBain, James-Pierre-Louis and Thomas Forman; Tax Head Joseph Pari; Tax counsel Eric Behl-Remijan; Executive Compensation & Benefits partner Amy Rubin; Executive Compensation & Benefits associate Amanda Rotkel; Banking & Finance associate Jacqueline Oveissi; Technology & IP Transactions partner Jeffrey Osterman; Technology & IP Transactions/Privacy associates Catherine Kim and Tyler Fredricks; Real Estate partner Nellie Camerik; Real Estate attorney Leslie Smith; Regulatory Transactions counsel John O'Loughlin and Regulatory Transactions associate Ariel Fliman.