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Eqt And Psp Complete Acquisition Of Radius Global Infrastructure

Sep 23, 2023

Acquiring Company

EQT Infrastructure VI

Acquired Company

Radius

MontrealFinancial ServicesVenture CapitalFinancial ServicesFinanceBiotechnologyHealth CareMedicalTherapeuticsPharmaceutical

Description

Radius Global Infrastructure, Inc. (“Radius”) (NASDAQ: RADI), a leading global aggregator of real property interests underlying wireless telecommunications cell sites and other digital infrastructure assets, announced the completion of its approximately $3.0 billion acquisition (the “Acquisition”) by the EQT Active Core Infrastructure Fund (“EQT Active Core Infrastructure” or “EQT”) and the Public Sector Pension Investment Board (“PSP Investments” or “PSP”).

Quick answer

EQT Infrastructure VI and PSP Investments are acquiring Radius, announced September 23, 2023.

How much did EQT Infrastructure VI pay for Radius?
The deal value was not disclosed.
What does EQT Infrastructure VI do?
EQT, Advent, and KKR & Co. are private equity firms that invest in various sectors, focusing on value creation through operational improvements and strategic growth.
Who are the decision-makers at EQT Infrastructure VI?
Fundz holds 5 contacts at EQT Infrastructure VI. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

EQT Infrastructure VI

About

EQT, Advent, and KKR & Co. are private equity firms that invest in various sectors, focusing on value creation through operational improvements and strategic growth. They target opportunities across diverse industries, often engaging in major acquisitions. These firms leverage their investment expertise to optimize company performance and maximize returns for stakeholders.

Company

PSP Investments

Location

Montreal, Quebec, Canada

About

The Public Sector Pension Investment Board (PSP Investments) is one of Canada's largest pension investment managers with C$204.5 billion of net assets under management as of March 31, 2021. It manages a diversified global portfolio composed of investments in public financial markets, private equity, real estate, infrastructure, natural resources and credit investments. Established in 1999, PSP Investments manages and invests amounts transferred to it by the Government of Canada for the pension plans of the federal Public Service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in Montréal and offices in New York, London and Hong Kong. For more information, visit investpsp.com or follow us on Twitter and LinkedIn.

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Frequently asked

Who acquired Radius?

Radius was acquired by EQT Infrastructure VI. The deal was reported on September 23, 2023. EQT, Advent, and KKR & Co. are private equity firms that invest in various sectors, focusing on value creation through operational improvements and strategic growth. EQT Infrastructure VI is privately held and operates in Financial Services.

When did EQT Infrastructure VI acquire Radius?

EQT Infrastructure VI's acquisition of Radius was reported on September 23, 2023. Radius Global Infrastructure, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Radius do?

Radius is a global biopharmaceutical company focused on addressing unmet medical needs in the areas of bone health, neuro- orphan diseases, and oncology. Radius’ lead product, TYMLOS® (abaloparatide) injection, was approved by the U.S. It is privately held, operating in Biotechnology.

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