DigitalBridge to Acquire AMP Capital’s Global Infrastructure Equity Investment Management Business
Acquisition to Enhance DigitalBridge’s Capabilities in Complementary Mid-Market Segment
Transaction will be Immediately Accretive to Earnings and Increase 2022 Guidance
Strategic and financial benefits of the transaction include:
- Advances ‘Full Stack’ digital infrastructure capabilities: the Business fits strategically alongside DigitalBridge’s flagship value-add digital infrastructure equity franchise, positioning the firm to capitalize on smaller, high-return mid-market investment opportunities.
High-caliber plug-and-play investment team: The experienced investment team will operate as a new, distinct business unit within the
DigitalBridgeinvestment management platform, augmenting DigitalBridge’s industry-leading team of digital infrastructure professionals with a shared focus on generating attractive long-term risk-adjusted returns.
- Accretive transaction lifts guidance: Upon closing, 2022 projected run-rate fee related earnings (“FRE”) from the DigitalBridge IM platform is expected to increase at the midpoint by approximately 20% over prior guidance. Upon closing, the Business is expected to be immediately accretive to DigitalBridge’s after-tax income per share of Class A common stock.
“This transaction represents a unique opportunity to extend our leadership in digital investment management,” said
A supplemental investor presentation outlining key deal and financial terms of the transaction is available on the Shareholders section of the
Cautionary Statement regarding Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” or “potential” or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond our control, and may cause actual results to differ significantly from those expressed in any forward-looking statement. Factors that might cause such a difference include, without limitation, whether the Company’s acquisition of the Business will be completed within the time frame and on the terms anticipated or at all, whether the Company will realize any of the anticipated benefits from the transaction, whether the acquired funds will realize returns and the Business will continue to grow at the rate anticipated, and other risks and uncertainties, including those detailed in DigitalBridge’s Annual Report on Form 10-K for the year ended
* Assumes FX Rate AUD/
Chief Commercial and Strategy Officer
Managing Director, Head of Public Investor Relations