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Latham & Watkins Advises Landmark Dividend LLC in Acquisition by Digital Colony

May 19, 2021
A corporate deal team advises the real estate and infrastructure acquisition and development company in the transaction.

Digital Colony Management, LLC (Digital Colony), a global digital infrastructure investment firm, has announced that affiliates of Digital Colony have entered into a definitive agreement to acquire Landmark Dividend LLC (LD), a real estate and infrastructure acquisition and development company. LD owns, among other things, 100% of the membership interests in the general partner of Landmark Infrastructure Partners LP (NYSE: LMRK) and 13.2% of the common units representing limited partner interests in LMRK.

Latham & Watkins LLP represents Landmark Dividend LLC in the transaction with a corporate deal team led by Houston partners John Greer, Kevin Richardson, and Bill Finnegan and Orange County partner David Meckler, with Houston associates Jacob Johnson and Ziyad Barghouthy. Advice was also provided on tax matters by Century City partner Pardis Zomorodi, with Houston associate Jared Grimley; on benefit and compensation matters by Washington, D.C. partner Adam Kestenbaum; on environmental matters by Houston partner Joel Mack and Los Angeles counsel Joshua Marnitz; on antitrust matters by Washington, D.C. partner Jason Cruise and Washington, D.C. counsel Peter Todaro; on compliance matters by Washington, D.C. partner Les Carnegie; on intellectual property matters by New York partner Steven Betensky; and on finance matters by Los Angeles of counsel Glen Collyer, with New York associate Kendra Kocovsky.