Telecom Infrastructure Partners (TIP) has secured €560 million (USD $610 million) in debt financing, marking its first successful debt raise since its launch in Q4 2021. The financing, backed by InfraBridge (a division of DigitalBridge) and Swiss Life Asset Managers, reflects TIP’s strong credit profile and growth strategy as a global aggregator of property interests tied to mission-critical telecommunications infrastructure.
• Financing Amount: €560 million (USD $610 million)
• Backers: InfraBridge (a division of DigitalBridge) and Swiss Life Asset Managers
• Use of Funds: To scale TIP’s operations supporting property owners, telecom operators, and tower companies globally.
• Company Focus: TIP specializes in acquiring long-term or perpetual rights to rental income from telecom sites leased to operators and tower companies.
“TIP is thrilled to have received crucial support from both InfraBridge and Swiss Life Asset Managers in raising a material amount of debt financing just three years after opening our doors. The financing will help us scale as we serve property owners and operators of digital infrastructure worldwide,” stated Eric Overman, Founder and CEO, Telecom Infrastructure Partners
- London-based TIP operates by purchasing long-term lease agreements from property owners for telecom sites, mainly in Europe and Latin America. This model provides property owners with a large upfront payment, while TIP manages the leases for periods typically ranging from 30 to 50 years, securing stable, long-term revenue streams.
- Eric Overman is the founder and CEO of Telecom Infrastructure Partners (TIP). Previously, he was instrumental in international expansion of U.S.-style mobile site lease investing, notably with his prior company, Wireless Infrastructure Partners (WIP), established in New York in 2009. Under his leadership, WIP acquired around 6,000 leases, focusing on international markets which had millions of sites compared to the saturated U.S. market with about 300,000 sites.