Welcome to our dedicated page for Digitalbridge Group news (Ticker: DBRG), a resource for investors and traders seeking the latest updates and insights on Digitalbridge Group stock.
DigitalBridge Group, Inc. (NYSE: DBRG) regularly issues news and updates that reflect its role as a global alternative asset manager focused on digital infrastructure. Company press releases highlight activity across the digital ecosystem, including investments in cell towers, data centers, fiber, small cells, and edge infrastructure, as well as fund milestones and strategic partnerships. This news page aggregates such announcements so readers can review how DigitalBridge communicates its strategy and platform developments over time.
Recent news items include the close of DigitalBridge Partners III, the firm’s third value-added digital infrastructure fund, with multi-billion-dollar commitments and co-investments, and early deployment into platforms such as Vantage Data Centers North America, Yondr Group, Orange Barrel Media, FiberNow, and JTOWER. Other releases describe DigitalBridge’s role as a major investor in hyperscale data center projects, including large campuses that support AI and cloud workloads, and its collaboration with KT Corporation in Korea through a memorandum of understanding to explore next-generation AI data centers.
DigitalBridge-related news also covers portfolio and platform transactions, such as the agreement for funds managed by an affiliate of DigitalBridge to sell Digita Group, a Nordic tower and broadcast infrastructure platform, to GI Partners, and the completion of a take-private acquisition of WideOpenWest, Inc. (WOW!) by affiliated investment funds of DigitalBridge and Crestview Partners. In addition, announcements describe a definitive agreement under which SoftBank Group Corp. plans to acquire DigitalBridge, subject to stockholder and regulatory approvals.
Investors and observers can use this news feed to review DigitalBridge’s public statements on fundraises, portfolio activity, strategic partnerships, and proposed corporate transactions, all of which illustrate how the company positions itself within the global digital infrastructure landscape.
Liqid has announced securing strategic follow-on funding from DigitalBridge Ventures and Blackwells Capital. This capital will help identify and pursue market opportunities for Liqid Matrix™, its composable infrastructure software. As AI transforms IT ecosystems, Liqid's technology aims to provide greater resource efficiency and sustainability in data centers. The company has seen significant growth, doubling its workforce and achieving 1034% revenue growth from 2017 to 2020. DigitalBridge manages a $45 billion portfolio, focusing on next-gen infrastructure solutions.
DigitalBridge Group (NYSE: DBRG) announced the acquisition of AMP Capital's global infrastructure equity investment management business for $328 million. This strategic move is expected to enhance DigitalBridge’s capabilities in the mid-market segment, with the transaction anticipated to be immediately accretive to earnings and improve 2022 guidance by 20% in projected run-rate fee-related earnings. The acquisition includes a total of $5.5 billion in fee-earning assets under management, positioning DigitalBridge for further growth.
DigitalBridge Group (NYSE: DBRG) has announced an agreement to acquire Wafra's 31.5% stake in its investment management subsidiary for $410 million in newly issued Class A shares and $390 million in cash. This transaction, which is expected to close in Q2 2022, will enhance DigitalBridge's fee-related earnings (FRE) by approximately $38 million, or 46%. Additionally, DigitalBridge will transition to a conventional C-Corp structure, eliminating REIT constraints to optimize growth opportunities in the digital infrastructure sector.
DigitalBridge Group (NYSE: DBRG) has announced a significant investment of $220 million through its Digital Credit division in partnership with
DigitalBridge Group, Inc. (NYSE: DBRG) is set to conduct its quarterly earnings call on May 5, 2022, at 10:00 a.m. ET, discussing its First Quarter 2022 financial results. The earnings presentation will be available via a live webcast on the company's investor relations page. DigitalBridge manages a $45 billion portfolio in the digital infrastructure sector, including data centers and cell towers, showcasing its leadership in the REIT space. A replay of the earnings call will be accessible later on the same day.
DigitalBridge Group, Inc. (NYSE: DBRG) has announced the promotion of Ben Jenkins to President and Chief Investment Officer, reflecting his crucial role since the company's founding. Marc Ganzi, CEO, highlighted Jenkins' extensive expertise as beneficial for their ongoing transformation focused on digital growth. Jenkins has been Chief Investment Officer since 2019 and has a notable background with firms like The Blackstone Group. DigitalBridge manages a $45 billion portfolio in digital infrastructure, underscoring its position in the market.
DigitalBridge Group (NYSE: DBRG) announces its inaugural investment through DigitalBridge Ventures, leading a
DigitalBridge Group has announced the acquisition of Telenet’s mobile telecommunications tower business in Belgium for €745 million (about $820 million). This all-cash deal, funded by a mix of debt and equity, enables DigitalBridge to own 100% of Telenet’s passive infrastructure, comprising 3,322 sites. The acquisition is expected to strengthen DigitalBridge's position in the market, catering to rising 5G deployment needs. A 15-year Master Lease Agreement ensures stable cash flows, while an anticipated closing in Q2 2022 boosts growth prospects for both companies.
DigitalBridge Group (NYSE: DBRG) announced participation in several upcoming industry conferences. On March 29, 2022, Jacky Wu, CFO, will deliver a keynote at the 10th Annual South Wireless Summit in Nashville, TN. On April 7, 2022, Marc Ganzi, CEO, will join a panel at the NYU Schack Institute of Real Estate’s 26th Annual REIT Symposium in New York, NY. From April 25-27, 2022, Jon Mauck and Chris Moon will participate in discussions at the DataCloud Global Congress in Monaco. DigitalBridge manages a $45 billion digital infrastructure portfolio.
DigitalBridge Group has announced privately negotiated exchange agreements involving approximately $60 million of its 5.75% Exchangeable Senior Notes due 2025. In exchange, noteholders will receive shares of DigitalBridge's Class A Common Stock and a fixed cash payment totaling $14.4 million. The exchange ratio has been adjusted to reflect future interest savings, allowing the issuance of 25.6 million shares. This exchange is set to close around March 8, 2022, with a cumulative $222 million of the notes exchanged, leading to an annualized interest saving of $13 million.