TMT M&A Awards USA 2024
RECOGNISING THE LEADING TMT M&A ADVISORS, INVESTORS AND DEALMAKERS IN THE USA
September 26th 2024 | The Metropolitan Club, New York
September 26th 2024 | The Metropolitan Club, New York
Jasvinder Khaira, Sr. Managing Director, Blackstone
Gigapower (USA)
The joint venture between AT&T and BlackRock to form wholesale open access internet service provider Gigapower (estimated value at up to US$15bn).
Financial Advisor: Morgan Stanley (Sell Side)
Technical Advisor: Broadband Success Partners (Buy Side)
For M&A deals announced between Jun 1, 2022 and May 31, 2023 and over $50m deal value
Morgan Stanley
For M&A deals announced between Jun 1, 2022 and May 31, 2023 and over $50m deal value
Bank Street
For M&A deals announced between Jun 1, 2022 and May 31, 2023 and over $50m deal value
Sponsored by Grain Management
Simpson Thacher & Bartlett
For M&A deals announced between Jun 1, 2022 and May 31, 2023 and over $50m deal value
Latham & Watkins
Sponsored by Grain Management
Boldyn Networks
EY-Parthenon
DigitalBridge
For deals including the US$8.4bn acquisition of Switch and the US$1.5bn recapitalization of DataBank
Raul K. Martynek, CEO, DataBank
Drew Walker, MD, Communications and Digital Infrastructure team, Berkshire Partners
Jonathan Greenberg, Executive Director, Morgan Stanley
Switch Data Centers (USA)
The debt financing package raised by DigitalBridge to support the take private acquisition and capital investment plans of Switch Data Centers, at a total value of US$6.8bn.
Banks: TD Securities (Joint Lead Arranger, Joint Bookrunner and Administrative Agent), Société Générale, Royal Bank of Canada, Citizens Bank, Truist Securities, Banco Santander, The Bank of Nova Scotia, and MUFG Bank (Joint Lead Arrangers and Joint Lead Bookrunners).
Legal Advisors: Dechert LLP (lenders counsel) Latham & Watkins (Switch counsel), Simpson Thacher & Bartlett (DigitalBridge counsel)
Vonage Holdings (USA)
The take-private acquisition by Ericsson of publicly traded cloud communications company Vonage Holdings (NASDAQ: VG) for US$6.2bn.
Financial Advisors: Qatalyst Partners (Sell Side)
Legal Advisors: Weil Gotshal & Manges (Sell Side), Freshfields Bruckhaus Deringer (Buyside)
ZenFi Networks (USA)
The acquisition by Boldyn Networks of ZenFi Networks for an undisclosed amount (estimated at US$700m – US$1bn).
Financial Advisors: Bank Street (Sell Side), J.P. Morgan (Buy Side)
Legal Advisors: Alston & Bird (Sell Side), Latham & Watkins (Buy Side)
Richard S Lukaj, Senior Managing Director, Bank Street Group
WOM tower sale (Chile)
The acquisition of 3,800 towers from WOM by Phoenix Tower International (PTI), at a total valuation of US$930m.
Financial Advisors: Citi (Sell Side) Scotiabank (Buy Side)
Legal Advisors: Allen & Overy, Albagli Zaliasnik (Sell Side), Greenberg Traurig, Choate Hall & Stewart, Barros Silva Varela & Vigil Abogados Limitada, Simpson Thacher & Bartlett (Buy Side)
Sponsored by Grain Management
Kemal Hawa, Shareholder, Greenberg Traurig
American Tower DC business (USA)
The acquisition by Stonepeak of a 29% stake in American Tower's US datacentre business, CoreSite, at a total valuation of US$2.5bn.
Financial Advisors: J.P. Morgan, CDX Advisors (Sell Side) MUFG Bank (Buy Side)
Legal Advisors: Cleary Gottlieb Steen & Hamilton, Sullivan & Worcester (Sell Side) Sidley Austin (Buy Side)