Davis Polk Advises Uniti on Its Acquisition of Southern Light
Davis Polk is advising Uniti Group Inc. on its approximately $700 million acquisition of Southern Light, LLC. The transaction is expected to close during the third quarter of 2017 and is subject to customary closing conditions.
Uniti, an internally managed real estate investment trust, is engaged in the acquisition and construction of mission critical communications infrastructure, and is a provider of wireless infrastructure solutions for the communications industry. Southern Light is a provider of data transport services along the Gulf Coast region, serving markets across Florida, Alabama, Louisiana, Georgia and Mississippi.
The combined Davis Polk mergers and acquisitions and financing team includes partners Michael Kaplan, H. Oliver Smith and Brian Wolfe and associates Jesse Kramer, W. Soren Kreider IV and Mayer J. Steinman. Partner Michael Mollerus and associate Anne E. McGinnis are providing tax advice. Partner Jeffrey P. Crandall is providing executive compensation advice. Associate Brian Hirsch is providing real estate advice. Members of the Davis Polk team are based in the New York and Northern California offices.