December 19, 2017
Weil advised Berkshire Partners in the sale of Torres Unidas, a leading independent owner and operator of communication towers in South America, to Andean Tower Partners. Berkshire formed Torres Unidas in September 2012, along with founding shareholder and coinvestor Torrecom Cayman, L.P. Through a combination of strategic acquisitions and build-to-suit agreements with leading carriers, Torres Unidas grew its portfolio to more than 1,500 wireless towers over the course of Berkshire’s investment. Terms of the transaction were not disclosed.
Weil also advised Berkshire in its investment in Torres Unidas in 2012.
The Weil team that advised Berkshire Partners was led by Private Equity partner Shayla Harlev and included Private Equity associates Jakub Wronski, Katherine Meister Ruf, Nathaniel Lee, Dustin Baker, Laura Christy (Not Yet Admitted in Boston). The team also included Tax partner Mark Schwed; Banking & Finance partner Andrew Yoon; Technology & IP Transactions partner Jeffrey Osterman; Head of Private Equity Executive Compensation & Benefits partner Michael Nissan; Environmental head Annemargaret Connolly; Regulatory partner Steven Tyrrell; Executive Compensation & Benefits counsel Steven Margolis; Real Estate counsel Elliot Ganchrow; Environmental counsel Thomas Goslin; Antitrust counsel Vadim Brusser; Tax associates Joseph Reich and Michael Rivkin; Banking & Finance associate Steven LePorin; Technology & IP Transactions associates Jennifer Yoon and Mary Lentowski; Executive Compensation & Benefits associate Amanda Rosenblum; Real Estate associate Anne Catherine Podolsky; and Regulatory associate Eileen Citron.