ADIA Acquires 40% Stake in Landmark Dividend with DigitalBridge
April 2, 2024
A wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) has completed the acquisition of a 40% stake in DigitalBridge portfolio company Landmark Dividend LLC alongside DigitalBridge-sponsored vehicles. The minority investment is a strategic partnership to support Landmark's continued expansion of its real estate and digital infrastructure platform across strategic locations in the United States.
- Buyers
- Abu Dhabi Investment Authority (ADIA), DigitalBridge Group, Inc. (and DigitalBridge-sponsored vehicles)
- Targets
- Landmark Dividend LLC
- Industry
- Infrastructure
- Location
- California, United States
- Transaction Type
- Growth capital
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