August 30, 2022
Weil is advising funds managed by affiliates of Apollo Global Management and Parallel Infrastructure (a portfolio company of such Apollo funds), a tower platform and build-to-suit provider, in the sale of Parallel Infrastructure to Harmoni Towers (a portfolio company of Palistar Capital LP, an alternative asset manager focused on mission-critical communications infrastructure). The transaction is expected to close in the third quarter of 2022, subject to customary closing conditions. Financial terms of the transaction were not disclosed.
The Weil team advising funds managed by affiliates of Apollo Global Management and Parallel Infrastructure is led by Private Equity partner Gareth Clark and Private Equity counsel Barrett Schitka and includes Private Equity partners Brian Gingold and Jenna McBain and Private Equity associates Thomas Forman and Adam Voorberg. The team also includes Tax Head Joseph Pari; Tax associate Musa Jemal; Executive Compensation & Benefits partners Amy Rubin and Amanda Rotkel; Technology & IP Transactions Co-Head Jeffrey Osterman; Technology & IP Transactions/Privacy associates Catherine Kim and Tyler Fredricks; Banking & Finance associates Sarah Tonkin (Admitted in Australia Only) and Adam Bernstein; Real Estate partner Nellie Camerik; Real Estate attorney Leslie Smith; Regulatory Transactions counsel John O'Loughlin; and Securities Litigation partner Joshua Amsel.