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Tiger Infrastructure Partners Announces Minority Equity Investment in Strategic Venue Partners from Brookfield Asset Management, along with Material Upsizing of Revolving Credit Facility, to Capitalize on Growing Demand for In-Building Wireless Solutions

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Tiger Infrastructure Partners announced a minority equity investment in Strategic Venue Partners (SVP) by Brookfield Asset Management and its institutional partners. Additionally, there is a material upsizing of SVP's existing Revolving Credit Facility involving current and new commercial bank lenders. These transactions are aimed at leveraging the increasing demand for in-building wireless (IBW) infrastructure.

SVP CEO Justin Marron highlighted the strategic importance of this investment and the expanded credit facility, noting that it validates the rising market demand for SVP's unique wireless connectivity-as-a-service model. SVP provides comprehensive lifecycle management of wireless systems, important for functions across various sectors, including healthcare, hospitality, and higher education.

Emil W. Henry, Tiger Infrastructure CEO, emphasized the value generated by the partnership with Brookfield. Marc H. Blair, COO of Tiger Infrastructure, noted SVP's strong growth in 2024, which includes expanding infrastructure assets and entering new markets. Brookfield's Managing Director Hamish Kidd expressed confidence in SVP's efficient and scalable business model.

Tiger Infrastructure Partners ha annunciato un investimento in capitale di minoranza in Strategic Venue Partners (SVP) da parte di Brookfield Asset Management e dei suoi partner istituzionali. Inoltre, 猫 prevista una significativa espansione della linea di credito revolving esistente di SVP, coinvolgendo attuali e nuovi istituti di credito commerciali. Queste operazioni mirano a sfruttare la crescente domanda di infrastrutture wireless interne (IBW).

Il CEO di SVP, Justin Marron, ha sottolineato l'importanza strategica di questo investimento e della linea di credito ampliata, evidenziando che convalida la crescente domanda di mercato per il modello unico di connettivit脿 wireless-as-a-service di SVP. SVP offre una gestione completa del ciclo di vita dei sistemi wireless, essenziale per le funzionalit脿 in vari settori, tra cui sanit脿, ospitalit脿 e istruzione superiore.

Emil W. Henry, CEO di Tiger Infrastructure, ha enfatizzato il valore generato dalla partnership con Brookfield. Marc H. Blair, COO di Tiger Infrastructure, ha osservato la forte crescita di SVP nel 2024, che include l'espansione degli asset infrastrutturali e l'ingresso in nuovi mercati. Hamish Kidd, Managing Director di Brookfield, ha espresso fiducia nel modello di business efficiente e scalabile di SVP.

Tiger Infrastructure Partners anunci贸 una inversi贸n de capital minoritario en Strategic Venue Partners (SVP) por parte de Brookfield Asset Management y sus socios institucionales. Adem谩s, hay una significativa ampliaci贸n de la L铆nea de Cr茅dito Revolvente existente de SVP que involucra a prestamistas bancarios comerciales actuales y nuevos. Estas transacciones tienen como objetivo aprovechar la creciente demanda de infraestructura inal谩mbrica en edificios (IBW).

El CEO de SVP, Justin Marron, destac贸 la importancia estrat茅gica de esta inversi贸n y la ampliaci贸n de la l铆nea de cr茅dito, se帽alando que valida la creciente demanda del mercado por el modelo 煤nico de conectividad inal谩mbrica como servicio de SVP. SVP proporciona una gesti贸n integral del ciclo de vida de los sistemas inal谩mbricos, lo cual es importante para funciones en varios sectores, incluyendo atenci贸n m茅dica, hospitalidad y educaci贸n superior.

Emil W. Henry, CEO de Tiger Infrastructure, enfatiz贸 el valor generado por la asociaci贸n con Brookfield. Marc H. Blair, COO de Tiger Infrastructure, destac贸 el fuerte crecimiento de SVP en 2024, que incluye la expansi贸n de activos de infraestructura y la entrada en nuevos mercados. Hamish Kidd, Director General de Brookfield, expres贸 confianza en el modelo de negocio eficiente y escalable de SVP.

Tiger Infrastructure Partners電 Brookfield Asset Management鞕 攴 旮瓣磤 韺岉姼雱堧摛鞚 Strategic Venue Partners(SVP)鞐 靻岇垬 歆攵 韴瀽毳 氚滍憸頄堧嫟瓿 鞝勴枅鞀惦媹雼. 霕愴暅 旮办〈 SVP鞚 須岇爠 鞁犾毄 鞁滌劋鞚 欷戨寑頃 頇曤寑臧 順勳灛 氚 靸堧鞖 靸侅梾鞚頄 雽於滌瀽霌れ潉 韽暔頃橃棳 鞚措(鞏挫瓿 鞛堨姷雼堧嫟. 鞚措煬頃 瓯半灅電 瓯措 雮 氍挫劆(IBW) 鞚疙攧霛检棎 雽頃 歃濌皜頃橂姅 靾橃殧毳 頇滌毄頃橂姅 瓴冹潉 氇╉憸搿 頃橁碃 鞛堨姷雼堧嫟.

SVP鞚 CEO鞚 Justin Marron鞚 鞚 韴瀽鞕 頇曤寑霅 鞁犾毄 鞁滌劋鞚 鞝勲灥鞝 欷戩殧靹膘潉 臧曥“頃橂┌, 鞚措姅 SVP鞚 霃呿姽頃 氍挫劆 鞐瓣舶 靹滊箘鞀 氇嵏鞐 雽頃 鞁滌灔鞚 歃濌皜頃橂姅 靾橃殧毳 瓴歃濏暅雼り碃 鞏戈笁頄堨姷雼堧嫟. SVP電 鞚橂, 鞝戨寑 氚 瓿犽摫 甑愳湣 霌 雼れ枒頃 攵勳暭鞐愳劀 欷戩殧頃橁矊 頇滌毄霅橂姅 氍挫劆 鞁滌姢韰滌潣 鞝勳泊 靸濎暊 欤缄赴 甏毽ゼ 鞝滉车頃╇媹雼.

Tiger Infrastructure鞚 CEO鞚 Emil W. Henry電 Brookfield鞕鞚 韺岉姼雱堨嫮鞐愳劀 靸濎劚霅 臧旃橂ゼ 臧曥“頄堨姷雼堧嫟. Tiger Infrastructure鞚 COO鞚 Marc H. Blair電 2024雲 SVP鞚 臧曤牓頃 靹膘灔靹鸽ゼ 鞏戈笁頃橂┌ 鞚疙攧霛 鞛愳偘鞚 頇曥灔瓿 靸堧鞖 鞁滌灔 歆勳瀰鞚 韽暔霅滊嫟瓿 鞏戈笁頄堨姷雼堧嫟. Brookfield鞚 甏毽 霐旊爥韯办澑 Hamish Kidd電 SVP鞚 須湪鞝侅澊瓿 頇曥灔 臧電ロ暅 靷梾 氇嵏鞐 雽頃 鞛愳嫚臧愳潉 響滍槃頄堨姷雼堧嫟.

Tiger Infrastructure Partners a annonc茅 un investissement en capital minoritaire dans Strategic Venue Partners (SVP) de la part de Brookfield Asset Management et de ses partenaires institutionnels. De plus, il y a un ajustement mat茅riel de la ligne de cr茅dit revolving existante de SVP, impliquant des pr锚teurs bancaires commerciaux actuels et nouveaux. Ces transactions visent 脿 tirer parti de la demande croissante pour l'infrastructure sans fil en int茅rieur (IBW).

Le PDG de SVP, Justin Marron, a soulign茅 l'importance strat茅gique de cet investissement et de l'extension de la ligne de cr茅dit, notant qu'elle valide la demande de march茅 croissante pour le mod猫le unique de connectivit茅 sans fil en tant que service de SVP. SVP fournit une gestion compl猫te du cycle de vie des syst猫mes sans fil, essentiel pour des fonctions dans divers secteurs, y compris la sant茅, l'hospitalit茅 et l'enseignement sup茅rieur.

Emil W. Henry, PDG de Tiger Infrastructure, a soulign茅 la valeur g茅n茅r茅e par le partenariat avec Brookfield. Marc H. Blair, COO de Tiger Infrastructure, a not茅 la forte croissance de SVP en 2024, incluant l'expansion des actifs d'infrastructure et l'entr茅e sur de nouveaux march茅s. Hamish Kidd, directeur g茅n茅ral de Brookfield, a exprim茅 sa confiance dans le mod猫le commercial efficace et 茅volutif de SVP.

Tiger Infrastructure Partners gab eine Minderheitskapitalinvestition in Strategic Venue Partners (SVP) durch Brookfield Asset Management und dessen institutionelle Partner bekannt. Dar眉ber hinaus gibt es eine wesentliche Aufstockung der bestehenden revolvierenden Kreditlinie von SVP, die aktuelle und neue Banken einbezieht. Diese Transaktionen zielen darauf ab, die steigende Nachfrage nach drahtloser Infrastruktur in Geb盲uden (IBW) zu nutzen.

Der CEO von SVP, Justin Marron, hob die strategische Bedeutung dieser Investition und der erweiterten Kreditlinie hervor und stellte fest, dass sie die wachsende Marktnachfrage nach dem einzigartigen Modell der drahtlosen Konnektivit盲t als Service von SVP validiert. SVP bietet ein umfassendes Lifecycle-Management f眉r drahtlose Systeme, das f眉r Funktionen in verschiedenen Sektoren, einschlie脽lich Gesundheitswesen, Gastronomie und Hochschulbildung, wichtig ist.

Emil W. Henry, CEO von Tiger Infrastructure, betonte den durch die Partnerschaft mit Brookfield geschaffenen Wert. Marc H. Blair, COO von Tiger Infrastructure, stellte das starke Wachstum von SVP im Jahr 2024 fest, das die Expansion von Infrastrukturverm枚genswerten und den Eintritt in neue M盲rkte umfasst. Hamish Kidd, Managing Director von Brookfield, 盲u脽erte Vertrauen in das effiziente und skalierbare Gesch盲ftsmodell von SVP.

Positive
  • Brookfield's minority equity investment validates SVP's market demand.
  • Material upsizing of SVP's Revolving Credit Facility enhances growth potential.
  • SVP demonstrated robust performance in the high-growth IBW sector in 2024.
  • Expansion of SVP's infrastructure assets with existing and new customers.
  • Partnership with Brookfield brings additional synergies and growth opportunities.
Negative
  • None.

Insights

The minority stake investment in SVP represents a strategic move by Brookfield Asset Management to expand its digital infrastructure portfolio. While the exact investment amount is undisclosed, this deal aligns with BAM's strategy of targeting essential infrastructure assets with recurring revenue streams. The expanded revolving credit facility provides SVP with additional growth capital, indicating potential for scalable returns. The in-building wireless infrastructure sector offers attractive characteristics: high barriers to entry, long-term contracts and stable cash flows from enterprise customers. The "connectivity-as-a-service" model generates predictable recurring revenues, similar to a utility business model. This transaction should positively contribute to BAM's $1 trillion AUM portfolio, though the impact is likely minimal given the minority stake nature.

The strategic value of this investment lies in SVP's positioning within the growing in-building wireless (IBW) infrastructure market. Their "wireless connectivity as a service" model addresses a critical need as enterprises increasingly rely on robust indoor wireless coverage. The company's full lifecycle management approach, including future technology upgrades, provides a compelling value proposition for enterprises seeking to avoid large upfront capital expenditures. SVP's expansion into healthcare DAS portfolios and diverse sectors demonstrates strong market penetration. The backing of both Tiger Infrastructure and now Brookfield significantly strengthens SVP's competitive position in the IBW space, particularly as 5G adoption drives demand for enhanced indoor coverage solutions.

NEW YORK and LONDON, Dec. 11, 2024 /PRNewswire/ -- Tiger Infrastructure Partners (Tiger Infrastructure) today announced that Brookfield Asset Management and its institutional partners (Brookfield), one of the largest owners and operators of infrastructure globally, has made a minority equity investment in its portfolio company Strategic Venue Partners (SVP). Tiger also announced a material upsizing of SVP's existing Revolving Credit Facility with current and additional commercial bank lenders. Together, these strategic financing transactions position SVP to capitalize on growing demand for its essential in-building wireless (IBW) infrastructure.

"This investment by a leading infrastructure investor alongside Tiger Infrastructure further validates the rising market demand for SVP's unique wireless connectivity as a service model."

Justin Marron, CEO of SVP, said, "This investment by a leading investor in infrastructure, alongside our sponsor, Tiger Infrastructure, combined with our larger credit facility further validates the rising market demand for SVP's unique wireless connectivity as a service model. We provide our customers with robust, cutting-edge in-building wireless infrastructure in a timely, turnkey manner without upfront capital expenditures.聽SVP offers a full lifecycle management of these essential systems, including upgrades that de-risk our customers' future technology needs."

Marron continued, "SVP's design is unique for each customer's end use and is increasingly recognized by customers and their stakeholders as essential to mission-critical functions such as customer and employee experiences, the optimization of key business operating systems, timely dissemination of information, emergency communications and regulatory compliance across sectors ranging from healthcare to hospitality, and higher education to data centers. Some of our customers call it a 'fourth utility'."

Tiger Infrastructure CEO and CIO Emil W. Henry said, "Brookfield has been a reliable partner to Tiger Infrastructure over the years. Relationships like this one generate value across Tiger Infrastructure's entire portfolio in many different ways, and we are especially pleased to expand the relationship into a digital infrastructure arena, where Brookfield can bring meaningful synergies to聽SVP across its wide-ranging portfolio."

Marc H. Blair, COO and Senior Managing Director of Tiger Infrastructure said, "SVP continues to demonstrate robust performance within the high-growth IBW sector. 2024 has been another year of strong growth that further demonstrates SVP's attractive, highly efficient and rapidly scalable business model. Specifically, in 2024, SVP expanded its infrastructure assets with existing customers and also added IBW infrastructure at new relationships too, including executing its long-term contract offering with one of the largest DAS portfolios in healthcare. Today's announced transactions provide additional growth capital that positions SVP to further expand its infrastructure portfolio by pursuing additional origination efforts and entering new markets."

Hamish Kidd, Managing Director at Brookfield, said, "We have significant experience investing in digital infrastructure, including wireless solutions, and were quickly able to appreciate the value of the franchise that Tiger Infrastructure and SVP have built in the IBW sector. We were attracted to SVP's efficient and differentiated offering, the annual recurring revenue business model and the exceptional customer credit quality. We look forward to supporting SVP's growth going forward."

Marron added: "Since our inception, Tiger Infrastructure has been a hands-on, value-add partner and advisor that has helped SVP establish and buttress our first-mover advantages. Partnering now with another blue-chip infrastructure investor in Brookfield and expanding our access to attractively-priced commercial bank debt will further enhance our growth trajectory."

TD Securities acted as sole financial advisor to SVP on the minority equity investment and was the left lead arranger and sole bookrunner on the upsized credit facility.

About SVP

Strategic Venue Partners is a leading provider of in-building wireless connectivity-as-a-service. The company partners with venues and carriers to design, develop, install, own, operate and upgrade bespoke in-building wireless systems, utilizing the latest technologies such as Distributed Antenna Systems, Public Safety Systems, Citizens Broadband Radio Service (OnGo庐) / Private LTE, Real Time Location Services, Fiber assets, Wi-Fi and Internet Protocol Television. Our proprietary, utility-based model actively builds a future in which underserved enterprise venues can grow, evolve and ignite their own technological futures through robust network connectivity, without financial barriers and backed by a trusted, consultative partner that is there with them for every step of the way. Join us in unleashing the power of wireless connectivity to optimize your operations and fuel your future growth. Visit聽.

About Tiger Infrastructure Partners

Tiger Infrastructure Partners is an innovative private equity firm focused on providing transformational growth capital to middle market infrastructure companies. Tiger Infrastructure's value-add approach targets growth investments across the Digital Infrastructure, Energy Transition and Transportation sectors in North America and Europe, where Tiger Infrastructure believes strong tailwinds are driving demand for new infrastructure. Tiger Infrastructure maintains offices in New York and London. Visit聽.

About Brookfield Asset Management

Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) is a leading global alternative asset manager with over $1 trillion of assets under management across renewable power and transition, infrastructure, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy.

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SOURCE Tiger Infrastructure Partners

FAQ

What is the significance of Brookfield's minority equity investment in SVP for BAM shareholders?

The investment signifies confidence in SVP's market demand and growth potential in the IBW sector, potentially leading to enhanced returns for BAM shareholders.

How does the upsizing of SVP's Revolving Credit Facility impact its business?

The upsizing provides SVP with additional growth capital, positioning it to expand its infrastructure portfolio and enter new markets.

What are the key growth areas for SVP as mentioned in the press release?

Key growth areas include expanding infrastructure assets with existing customers, adding new relationships, and pursuing additional origination efforts in the IBW sector.

What is the role of Brookfield in SVP's future growth?

Brookfield brings significant experience in digital infrastructure and synergies that will support SVP's growth and expansion.

How did SVP perform in 2024 according to the press release?

SVP demonstrated robust performance in 2024, expanding its infrastructure assets and entering new markets, showcasing its scalable business model.

What are the strategic benefits of the partnership between Tiger Infrastructure and Brookfield for SVP?

The partnership leverages Brookfield's experience and synergies, enhancing SVP's growth trajectory and expanding its access to attractively-priced commercial bank debt.

Brookfield Asset Management Ltd.

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