Omers Infrastructure Announces Second Agreement Of 2022 To Acquire Australian Digital Infrastructure Assets

Jun 22, 2022•about 3 years ago

Acquiring Company

OMERS and OMERS Infrastructure

Acquired Company

OMERS and OMERS Infrastructure

SustainabilityInformation TechnologyPrivacy And SecurityGovernment And MilitarySustainabilityInformation TechnologyPrivacy And SecurityGovernment And Military

Description

OMERS Infrastructure today announced that OMERS has signed an agreement to acquire Stilmark, an independent Australian developer, owner and operator of mobile tower assets. The transaction will be OMERS second tower investment in Australia in two months, following the announcement on 9 May that it signed an agreement to acquire 100% of TPG Telecom Limited’s mobile tower and rooftop portfolio. The details of this transaction are not being disclosed.

Company Information

Company

OMERS and OMERS Infrastructure

About

OMERS Infrastructure manages investments globally in infrastructure on behalf of OMERS, a defined benefit pension plan for municipal employees in the Province of Ontario, Canada, and third-party investors through its Strategic Partnership Program. OMERS Infrastructure currently has approximately C$32 billion in assets under management and over 30 investments, principally in North America, Europe and Asia-Pacific and across sectors including energy, digital services, transportation and government-regulated services. OMERS Infrastructure has employees in Toronto, New York, the U.K., Continental Europe (including Amsterdam, NL), Asia and Australia. More information: www.omersinfrastructure.com.

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed