HPS Investment Partners, a leading global investment firm, has made a strategic investment in Tillman Digital Cities (TDC), a leading developer and owner of in-building connectivity infrastructure and solutions across the United States. TDC is a portfolio company of Tillman Global Holdings, a global holding company focused on long-term value. This investment from HPS enables TDC to continue the expansion of its disruptive business model and further accelerate its growth plans to deploy thousands of venues over the next several years.
Latham & Watkins LLP represented HPS Investment Partners in the transaction with a corporate team led by New York partners Stelios Saffos, Peter Sluka, and Eyal Orgad, with associates John Karantonis and Kenneth Chong. Advice was also provided on tax matters by New York partner Jocelyn Noll; on CFIUS matters by Washington, D.C. partner Jim Barker; on project finance matters by New York partner Chirag Dedania, with associate Jason Schnier; on labor, employment, benefits, and compensation matters by Washington. D.C. partner Adam Kestenbaum, with Washington, D.C. associate Nikhil Kumar; and on US antitrust matters by Washington, D.C. counsel Patrick English.