Digita Group Announces Agreement to Be Acquired by GI Partners

Rhea-AI Summary

Digita Group has agreed to be acquired by GI Partners, with the transaction expected to close in Q1 2026. Digita operates nationwide tower portfolios across Finland and Iceland and provides broadcast services to Yle.

Since 2018 Digita was owned by funds managed by an affiliate of DigitalBridge (NYSE: DBRG); under that ownership Digita expanded from approximately 200 tower sites to more than 950 and grew its Data Centre and IoT platforms. Digita will operate independently within GI Partners' portfolio.

Advisers: Houlihan Lokey, Linklaters, EY for DigitalBridge; Rothschild & Co and Kirkland & Ellis for GI Partners.

Positive

• Tower footprint grew from ~200 to >950 sites under DigitalBridge
• Transaction closing targeted for Q1 2026
• Digita to remain an independent company within GI Partners

Negative

• None.

News Market Reaction

-0.42%

1 alert

-0.42% News Effect

On the day this news was published, DBRG declined 0.42%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Previous ownership start: 2018 Expected close: Q1 2026

2 metrics

Previous ownership start 2018 Year funds managed by a DigitalBridge affiliate acquired Digita

Expected close Q1 2026 Target closing period for Digita’s acquisition by GI Partners

Market Reality Check

Price: $15.43 Vol: Volume 3,002,099 is 0.46x...

low vol

$15.43 Last Close

Volume Volume 3,002,099 is 0.46x the 20-day average of 6,471,644, indicating muted trading interest pre-announcement. low

Technical Shares trade above long-term trend, with price at 15.24 versus 200-day MA of 10.57, and within 2% of the 15.55 52-week high.

Peers on Argus

DBRG was down 1.86% while main peers like BBUC, GCMG and GDV showed modest gains...

DBRG was down 1.86% while main peers like BBUC, GCMG and GDV showed modest gains between 0.81% and 1.22%, suggesting a stock-specific reaction rather than a sector-wide move.

Historical Context

5 past events · Latest: Dec 02 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 02	Portfolio transaction	Positive	-0.4%	Agreement to sell Digita Group to GI Partners with Q1 2026 close target.
Nov 26	AI infrastructure MOU	Positive	+1.4%	Strategic MOU with KT to explore next‑gen AI data centers in Korea.
Nov 18	Fundraising update	Positive	-1.6%	Close of DBP III with <b>$11.7 billion</b> in total capital commitments.
Oct 30	Q3 earnings	Neutral	-2.3%	Q3 2025 financial results and earnings call details released.
Oct 22	AI campus project	Positive	+4.6%	Backed Vantage in announcing a <b>$15B+</b> AI data center campus in Wisconsin.

Pattern Detected

Recent acquisition and AI/digital infrastructure headlines often coincided with positive or mixed price moves, but today’s Digita transaction aligns with a pattern where some strategically positive news has seen muted or negative reactions.

Recent Company History

This announcement continues DigitalBridge’s activity around platform M&A and portfolio optimization. In March 2025, DBRG highlighted a portfolio company deal for Zayo to acquire Crown Castle’s Fiber Solutions business in a $4.25 billion transaction, with a positive share reaction. In July 2025 it completed the Yondr Group acquisition, also with an uptick. AI and hyperscale data center initiatives in October–November 2025 produced mixed but generally constructive moves. Against that backdrop, the Digita sale agreement in Q1 2026 timing saw a small negative move, diverging from prior acquisition-day strength.

Market Pulse Summary

This announcement details DigitalBridge’s agreement for Digita Group to be acquired by GI Partners, ...

Analysis

This announcement details DigitalBridge’s agreement for Digita Group to be acquired by GI Partners, with closing expected in Q1 2026. Digita has expanded significantly under DigitalBridge ownership and now represents a scaled Nordic tower and infrastructure platform with data center and IoT exposure. In the past year, DigitalBridge also highlighted major acquisitions and AI-related infrastructure investments. Investors following this news would likely track closing progress, any disclosed financial terms, and how capital is recycled into future digital infrastructure opportunities.

Key Terms

iot

1 terms

iot technical

"growth in its Data Centre and Internet of Things (IoT) platforms"

The Internet of Things (IoT) describes a network of everyday devices—such as appliances, vehicles, and equipment—that are connected to the internet and can share data automatically. For investors, IoT represents a growing trend that can drive efficiency and innovation across many industries, potentially creating new opportunities for growth and value. Its expansion influences how companies operate and compete in a digitally connected world.

AI-generated analysis. Not financial advice.

HELSINKI, Dec. 2, 2025 /PRNewswire/ -- Digita Group ("Digita"), being Digita Oy in Finland and IslandsTurnar in Iceland, announced today that it has reached an agreement to be acquired by GI Partners. Digita is one of the largest independent, diversified tower companies in the Nordics, with nationwide tower portfolios across both Finland and Iceland. It is also essential for the Finnish population through its longstanding partnership with Yle, the nation's public TV and radio broadcaster.

Since 2018, Digita has been owned by funds managed by an affiliate of DigitalBridge Group, Inc. (NYSE: DBRG "DigitalBridge"). Under DigitalBridge's ownership, Digita evolved into a scaled, diversified tower and broadcast infrastructure platform, expanding from approximately 200 tower sites to more than 950, while accelerating growth in its Data Centre and Internet of Things (IoT) platforms.

Vesa Tykkyläinen, CEO of Digita, said, "We are extremely grateful to DigitalBridge for the resources and expertise they have provided throughout their investment period. Their support and guidance has been instrumental in helping us to invest into the critical infrastructure in Finland whilst diversifying and scaling the business, which is positioned for further compelling growth. We are excited for our new partnership with GI Partners and look forward to continue to grow and achieve our ambitions together."

Zach Gellman, Principal at DigitalBridge, said, "We appreciate the partnership with Vesa and the Digita team and the progress made under DigitalBridge's ownership. GI Partners is well positioned to lead Digita through its next phase of growth."

Matt Barker, Head of Europe, Data Infrastructure for GI Partners, added, "We are excited to be making this platform investment to support Digita and its management team on the next stage of the company's growth. We recognize the role that Digita plays in providing critical communication and connectivity services to the populations of Finland and Iceland and see great opportunity to further expand the platform as an independent tower company, and operator of high-quality data centres and IoT networks."

Digita will continue to operate as an independent company within GI Partners' portfolio, leveraging GI Partners' support, expertise, and experience. This partnership will enable Digita to continue to serve its clients to the highest standard, whilst also accelerating growth.

The transaction is expected to close in the first quarter of 2026.

Houlihan Lokey acted as exclusive financial adviser to DigitalBridge; Linklaters as legal counsel; EY as commercial, financial and tax adviser.

Rothschild & Co. acted as exclusive financial advisor to GI Partners and Kirkland & Ellis as legal counsel.

About Digita
Digita Group, being Digita Oy in Finland and IslandsTurnar in Iceland, is one of the largest independent, diversified tower companies in the Nordics, with more than 950 nationwide tower sites across both Finland and Iceland. In Broadcast, Digita serves the nation's public broadcaster, Yle and in Telecom Infrastructure, it provides connectivity to millions through its telecommunication infrastructure services via leading MNOs in Finland and Iceland, whilst also operating high growth Data Centre and Internet of Things (IoT) platforms. For more information, visit: www.digita.fi.

About DigitalBridge
DigitalBridge (NYSE: DBRG) is a leading global alternative asset manager dedicated to investing in digital infrastructure. With a heritage of over 25 years investing in and operating businesses across the digital ecosystem, including cell towers, data centres, fiber, small cells, and edge infrastructure, the DigitalBridge team manages $106 billion of infrastructure assets on behalf of its limited partners and shareholders. For more information, visit: www.digitalbridge.com.

About GI Partners
Founded in 2001, GI Partners is a private investment firm with over 180 employees and offices in San Francisco, New York, Dallas, Chicago, Greenwich, Scottsdale, and London. The firm has raised more than $49 billion and invests on behalf of leading institutional investors around the world through its private equity, real estate, and data infrastructure strategies. The private equity team invests primarily in companies in the healthcare, services, and software sectors. The real estate team focuses primarily on technology and healthcare properties as well as other specialized types of real estate. The data infrastructure team invests primarily in hard asset infrastructure businesses underpinning the digital economy. For more information, please visit www.gipartners.com.

Media Contacts:
For Digita Group
Minna Flink
Director, Communications and Marketing
minna.flink@digita.fi 

For GI Partners
Chris Tofalli
Chris Tofalli Public Relations
chris@tofallipr.com

Gretchen Robinson
Investor Relations
pr@gipartners.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/digita-group-announces-agreement-to-be-acquired-by-gi-partners-302629734.html

SOURCE GI Partners

FAQ

What deal did Digita Group announce on December 2, 2025 (DBRG related)?

Digita agreed to be acquired by GI Partners; the seller was funds managed by an affiliate of DigitalBridge (NYSE: DBRG).

When is the Digita acquisition by GI Partners expected to close?

The transaction is expected to close in Q1 2026.

How large is Digita's tower portfolio after DigitalBridge ownership?

Digita expanded from approximately 200 tower sites to more than 950 sites.

Will Digita continue operating independently after the GI Partners acquisition?

Yes; Digita will continue to operate as an independent company within GI Partners' portfolio.

What business lines did Digita expand under DigitalBridge ownership?

Digita expanded its Data Centre and IoT platforms in addition to towers and broadcast.

Who advised the parties on the Digita transaction?

Advisers included Houlihan Lokey, Linklaters, EY for DigitalBridge and Rothschild & Co, Kirkland & Ellis for GI Partners.