Northleaf Capital Partners, a leading global private markets investment firm, partnered with Shared Tower. The funds managed by Northleaf have made an initial commitment of C$100 million to accelerate Shared Tower’s vision of enhancing connectivity for Canadians under a shared infrastructure model.
Based in Oakville, Ontario, Shared Tower is Canada’s leading developer and owner of carrier-neutral communications infrastructure. Operating under long-term contracts, Shared Tower is a preferred partner in Canada, thanks to its flexible, solutions-based approach and consistent track record of reliable project delivery. The company was established in 2021 by Chief Executive Officer Dan Gibbons.
Northleaf’s infrastructure program has raised $8 billion in capital commitments to date and has invested across more than 50 middle-market infrastructure assets, predominantly in North America. The program serves institutional and family office investors across North America, Europe, the Middle East, and Asia. Infrastructure is an integral component of Northleaf’s global private markets platform, including private equity and private credit, and has raised US$28 billion to date.
Northleaf was advised on the transaction by CIBC Capital Markets and Davies Ward Phillips & Vineberg.
KEY QUOTES:
“We believe in Shared Tower’s vision of a flexible, solutions-based approach to addressing network needs through a shared infrastructure model that benefits end consumers and service providers. With a demonstrated track record of reliable project execution and delivery, Shared Tower is well-positioned to partner with its customers to enhance connectivity in one of the fastest growing developed markets in the world.”
“This investment in Shared Tower is an excellent fit with Northleaf’s infrastructure strategy. Our investors will benefit from the long-term, contracted cashflow profile that underpins the company’s business model.”
- Chris Rigobon, Managing Director at Northleaf
“I’m delighted to welcome Northleaf as long-term owners in Shared Tower. Their relationships, knowledge, and experience investing in communications infrastructure will be invaluable as we look to scale and better serve our existing and new customers.”
- Dan Gibbons
