Accelerating digital infrastructure investment strategies

LBBW is committed to banking the future, investing in the digital transformation that connects and empowers communities—building the foundations for a more innovative and connected world.

At LBBW, we’re proud to be Germany’s premier medium-sized universal bank, the second largest by assets and a dedicated workforce of over 10,000 employees.

Our Infrastructure & Transportation Finance division, powered by 50+ experts in Stuttgart, Leipzig, London, and New York, is a driving force behind Core and Core+ infrastructure projects, fueling transformative growth across the globe.

EY-Parthenon consisting of more than 10,000 multidisciplinary professionals across 120 countries helping provide EY clients with corporate, transaction and turnaround strategies that are actionable, impactful and provide long-term growth. With global connectivity and scale, backed up by the broader EY network, EY-Parthenon teams work with clients to navigate complexity by helping them to reimagine their ecosystems, reshape their portfolios and reinvent themselves for a better future. EY-Parthenon teams believe every successful business strategy is underpinned by an in-depth understanding of industry dynamics and the competitive landscape in which it sits. EY-Parthenon teams help clients develop actionable and impactful ways to manage complex shifting challenges and transform their organizations. For more information, please visit ey.com/parthenon.

Vitrifi enables telcos to embrace a data-driven, digital-first future through advanced, intent-driven automation. With deep tech DNA embedded across our global development teams, we stand as an autonomic networking company poised to revolutionise the global telco BSS and OSS sectors using cutting-edge machine learning and AI-powered data insights. 

Vitrifi serves as a neutral host and aggregator, connecting fibre Network Operators with Retail Service Providers (RSPs). Our modular services are designed to tackle critical pain points, enhance interoperability, and harness actionable data to deliver exceptional customer experiences. By automating the entire customer lifecycle management, our platform significantly reduces the cost to serve while elevating customer journeys through a zero-human-touch approach.  It supports rapid onboarding, instant provisioning, and multi-tenancy at scale, managing both buy-side and sell-side product catalogues simultaneously.

At the core of our innovation is VALERIE (Vitrifi Autonomic Lattice Re-Configuration Engine), the "brain" behind our broadband operating system. VALERIE supports all access models, ensuring optimal network performance and reliability.

Our vendor-neutral, API-first approach, robust RBAC, and compliance with UK TSA-level cybersecurity standards ensure a secure and efficient environment for seamless integration and optimal resource utilisation.

AlixPartners is a results-driven global consulting firm that specializes in helping businesses respond quickly and decisively to their most critical challenges—from urgent performance improvement to complex restructuring, from risk mitigation to accelerated transformation.

These are the moments when everything is on the line—a sudden shift in the market, an unexpected performance decline, a time-sensitive deal, a fork-in-the-road decision. We stand shoulder to shoulder with our clients until the job is done, and only measure our success in terms of the results we deliver. We partner with you to make the right decisions and take the right actions. And we are right by your side. When it really matters.

A&O Shearman has been advising on digital infrastructure transactions for more than 25 years, building unparalleled knowledge of the development, acquisition, financing and disposal of towers, data centers, fibre and sub-sea cables and satellites.

Analysys Mason is a global technology, media and telecoms management consulting firm. We strive to be the leading authority and catalyst for digital change, connectivity and inclusion. ​We provide bespoke strategy, transaction, transformation, regulation and policy consulting, in combination with research and insights delivered by a dedicated, globally respected analyst team. ​

Supporting our clients through complex transformation journeys, we help to shape and determine the decisive moments that steer progress and help them act on the decisions that create lasting value, advantage and change. We are the trusted partner of major enterprises, operators, government authorities and prominent investors across over 140 countries. We work closely together, delivering essential advice and insights that drive efficiencies, mitigate risk and accelerate growth, putting our clients at the forefront of change.​

With an expert team of over 400 colleagues, our power is in our people, our intellectual agility and our environment that fosters success. We are strategists, academics, engineers and orchestrators of change. We zero in on the details and are united in the innovative application of our knowledge and experience for the good of our clients. We are committed to a sustainable, connected future – contributing to a world where technology delivers for all.

At CMS, we are proud to have some of the leading global legal specialists in the technology, media and communications sector. 

Our Digital Communications Infrastructure Team combines exceptional expertise in project and structured finance, competition regulation and large-scale investment, while our market-leading telecommunications team has decades of experience in the technology and communications space, including strong expertise in the areas of fibre, towers, subsea cables, network sharing, data centres and satellite. 

With full-service offices in over 40 countries, we have the geographic reach, people and expertise to manage the biggest and busiest volumes of sector-specific work for our clients.

ITS designs, builds, and operates the largest dedicated B2B wholesale full fibre network outside of the incumbents.

It is delivering infratech working with partners across the IT channel, public sector, carrier and data centre markets.

The company offers an exciting range of gigabit-capable, full fibre and ultrafast connectivity solutions, firmly supporting the government’s pledge to provide 100% gigabit capability by 2030. delivering solutions over networks that use the latest design and technology, offering more flexibility than alternatives.

Complex business challenges require an integrated response across different markets, sectors and areas of law. Baker McKenzie provides seamless advice, underpinned by deep practice and sector expertise, as well as first-rate local market knowledge. Across more than 70 offices globally, Baker McKenzie works alongside our clients to deliver solutions for a connected world.

Kao Data leads the industry, pioneering the development and operation of data centres engineered for AI and advanced computing. With hyperscale-inspired facilities east and west of London, and northern England’s largest data centre planned for Greater Manchester, we are home to technology’s most demanding computing infrastructure.

Our award-winning, NVIDIA DGX-Ready certified data centres are designed, engineered and operated by one of the industry’s most respected teams. Together, this provides colocation customers deploying mission critical AI, enterprise and cloud workloads with a secure, scalable and sustainable compute environment, backed by a guarantee of 100% uptime.

Kao Data’s data centre portfolio includes more than 160MW of IT-load either currently operational, under development or planned – all of which is under-pinned by the highest energy efficiency, sustainability and ESG credentials.

Backed by leading international investors, and with several pioneering ‘industry firsts’ to our name, Kao Data represents the future in industrial scale, high-capacity data centres for AI and the next generation of compute.

Covington & Burling LLP (Covington) is a pre-eminent international law firm with more than 1,300 lawyers and advisors across offices in the U.S., EMEA and Asia. Renowned within the datacenter sector, Covington leverages unparalleled expertise in digital infrastructure, clean energy, and sustainable projects. We have successfully represented numerous datacenter developers and providers and colocation services customers across a variety of complex and pioneering projects in multiple jurisdictions. Our comprehensive global knowledge coupled with practical experience enables us to guide hyperscalers, developers, operators, investors and financiers through the intricacies of the expanding datacenter market, facilitating development, financing and operation, and clean energy integration. The firm’s collaborative culture and multidisciplinary approach allow us to offer integrated solutions that tackle internal company requirements, transactional demands, regulatory challenges, and public policy issues, making us a trusted advisor for achieving sustainability and growth objectives.

Ardian is a world-leading private investment house, managing or advising $169bn of assets on behalf of more than 1,600 clients globally. Our broad expertise, spanning Private Equity, Real Assets and Credit, enables us to offer a wide range of investment opportunities and respond flexibly to our clients’ differing needs. Through Ardian Customized Solutions we create bespoke portfolios that allow institutional clients to specify the precise mix of assets they require and to gain access to funds managed by leading third-party sponsors. Private Wealth Solutions offers dedicated services and access solutions for private banks, family offices and private institutional investors worldwide. Ardian’s main shareholding group is its employees and we place great emphasis on developing its people and fostering a collaborative culture based on collective intelligence. Our 1,050+ employees, spread across 19 offices in Europe, the Americas, Asia and Middle East are strongly committed to the principles of Responsible Investment and are determined to make finance a force for good in society. Our goal is to deliver excellent investment performance combined with high ethical standards and social responsibility. At Ardian we invest all of ourselves in building companies that last.

Greenberg Traurig’s Digital Infrastructure, Data Center and Cloud Computing Group is composed of a dedicated team of attorneys specializing in all asset classes and all disciplines - spanning the globe. GT represents the world’s largest private equity firms, infrastructure funds, real estate investors, and lenders across a broad range of transactions in the digital infrastructure sector domestically and internationally, including mergers and acquisitions, investments, financing arrangements, joint ventures, and development projects. GT also represents dozens of companies throughout the digital infrastructure and telecommunications, media, and technology industry, including many of the industry leading data center operators, telecommunications carriers, tower companies, cloud providers and fiber providers.

Phoenix Tower International (PTI) was established in 2013 with a core mission to serve as a leading site provider to wireless operators in rapidly expanding markets worldwide. PTI is backed by a diverse group of investors, including funds managed by Blackstone, Wren House, USS, and key members of its management team. Our global headquarters is based in Boca Raton, Florida, and we maintain operational offices in all the markets where PTI conducts business. PTI, and its subsidiaries, will, pro forma for this transaction, own and operate over 24,000 telecom towers throughout Europe, the United States, Latin America and the Caribbean in 24 countries.

PMP Strategy is a fully independent strategic management consulting firm, led by 20 Partners, with a team of over 150 specialized consultants and a wide network of expert advisors. They have established themselves as trusted partners to C-suites and investors for various projects, including Strategy & Transformation, Private Equity, Digital, Data & Customer Experience, and CFO Advisory & Integrated Performance CSR-ESG. The depth and breadth of PMP Strategy's sectorial expertise extends to four focus areas: Telecoms, Media & Technology, Transportation & Mobility, Energy & Industry Decarbonization, and Financial Services & Insurance.

PMP Strategy, established in 2003, has eleven offices focused on three strategic regions: Europe (Paris, London, Luxembourg, serving Benelux & DACH, and Brussels), MEA (Casablanca and Dubai) and North America (New York, Seattle, Montreal and Toronto). They build enduring relationships with their clients by working collaboratively to find tailor-made and innovative solutions to the challenges they face. In addition to the firm’s sectorial expertise, their commitment to diversity, people-centricity, and openness are the foundations of their success and remain an integral part of their entrepreneurial practice.

CETIN International is a leading wholesale provider of telecommunications infrastructure services in the Central and Eastern Europe. We provide complex connectivity solutions for all use-cases, operating in four countries: Slovakia, Hungary, Bulgaria, and Serbia. With a mission to deliver seamless, secure, and sustainable connectivity.

Backed by the global investment strength of PPF Group and GIC and the technology know-how of e&, CETIN International offers cutting-edge wireless and wireline networks, ensuring access for everyone—from bustling cities to remote rural areas. As a trusted partner to telecommunications operators and enterprises, CETIN International enables innovation, powering everything from 5G networks to high-capacity international data routes.

More than a telecom company, CETIN International is a leader in sustainable digital services. The company invests in green energy initiatives, robust network security, and future-proof technologies to create meaningful impacts for individuals, businesses, and communities.

With a strong international footprint and a relentless commitment to excellence, CETIN International isn’t just building networks—it’s connecting people, businesses, and ideas to shape the future of communications.

Eurofiber has been a provider of industry-leading open digital infrastructure since 2000. Utilizing its own fiberoptic network and datacenters, we provide smart, open, future-proof cloud infrastructure and connectivity solutions to companies, government bodies and non-profit organizations. Customers have complete freedom to choose the services, applications, and providers they need, allowing them to tap into the full potential of digital innovation. Eurofiber has a 70,500 km fiberoptic network in the Netherlands, Belgium, France, and Germany. This network is expanded by 50 km per week on average. Eurofiber companies operate ten datacenters in the Netherlands and France. Supplementing that vital infrastructure, we also offer interconnectivity between nearly all carrier-neutral datacenters in The Netherlands and Belgium through the DCspine platform. Eurofiber is laying the foundation under the digital society, which is why the Dutch government has assigned Eurofiber the status of ‘vital infrastructure’.

The Eurofiber Group consists of Eurofiber (The Netherlands, Belgium, France, Germany), and Eurofiber Cloud Infra (The Netherlands). Eurofiber also participates in FTTH focused activities in the joint venture Unifiber in Belgium, and has an investment partnership with a nationwide fiber infrastructure operation with NGN Fiber Network (Germany).

Eurofiber is backed by Antin Infrastructure Partners, and PGGM infrastructure Fund as a minority shareholder. Antin is a leading private equity firm focused on infrastructure. With over EUR31bn in assets under management across its Flagship, Mid Cap and NextGen investment strategies, Antin targets investments in the digital, energy and environment, transport, and social infrastructure sectors. PGGM Infrastructure Fund is an open-ended fund with EUR14bn assets under management in infrastructure investments and active in the digital infrastructure sector since 2010.

BSP is the leading digital infrastructure M&A technical advisor and due diligence specialist across networks and data centers. The firm has completed over 100 projects for over 65 clients including Antin, BlackRock, Brookfield, DigitalBridge, Macquarie, OMERS, Stonepeak and T-Mobile. In Europe, the announced deals supported by BSP include the combination of Freedom Fibre and VX Fiber (UK), Cordiant’s acquisition of Speed Fibre, and the sale of EWII’s fiber network to Norlys. BSP is a finalist for the 2025 TMT M&A Award for EMEA Due Diligence Adviser of the Year. BSP received the 2024 TMT M&A Award for USA Fiber Deal of the Year for the acquisition of DQE by GI Partners. The firm also received this recognition in 2023 as BlackRock’s technical advisor on Gigapower (AT&T JV). BSP serves clients globally. The team consists of former service provider executives including an ex CTO of Charter Communications.

Digital Infrastructure Advisors Ltd (“DIAL”) is a global practice leader providing operational, financial, sustainability, and regulatory advisory services to Investors, Operators, and Developers in the Digital Infrastructure Sector.