Funds managed by Carlyle’s Global Infrastructure platform have committed up to $1 billion to partner with Tillman Global Holdings to accelerate investments in Tillman Infrastructure, a privately held cell tower platform in the United States.
Since its founding in 2016, Tillman Infrastructure has become one of the largest providers of build-to-suit tower assets in the country and these funds will seek to further support that growth trajectory. Tillman Global will use the funds to seek to accelerate growth to meet increasing demand for mobile internet infrastructure, and to continue to invest in premium mobile infrastructure to serve its underlying mobile network operator and other customers.
Carlyle’s Global Infrastructure platform has focused on investing in narrowing the “digital divide,” which we believe is a significant ESG positive, by investing in mission critical infrastructure for customers and communities in underserved and underinvested US markets. In addition to Tillman, during the past year, Carlyle acquired Involta Data Centres, a US data centre company focused on hybrid IT and cloud infrastructure, and Wyyerd Fiber Group, a leading regional fibre-to-home platform in the Southwestern United States for which it also completed an add-on fibre acquisition.
