Carlyle, a global investment firm, through funds managed by its Global Infrastructure platform, has committed up to $1 billion to partner with Tillman Global Holdings.
The investment is intended to support Carlyle’s investment in Tillman Infrastructure, a privately held cell tower platform in the U.S. The funds will accelerate growth to meet the increased demand for mobile internet infrastructure.
“Tillman Global has built a world-class portfolio of digital infrastructure assets with a demonstrated operating model for partnering with and delivering high-quality service to customers,” commented Joshua Pang, head of digital infrastructure for Carlyle Global Infrastructure. “We see significant opportunity for growth given the long-term secular demand drivers of mobile data proliferation, digital connectivity, and the convergence of digital infrastructure operating models. We look forward to a strong, long-term partnership and to leveraging Carlyle’s scale, resources, and access to capital to drive sustainable growth with Tillman.”