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Kirkland Advises Montage on Sale of Ubiquity and $400 Million Sustainable Infrastructure JV

Kirkland & Ellis counseled Ubiquity’s controlling shareholder, Montage, on (i) its sale of Ubiquity, which includes Ubiquity’s existing fiber networks in the Dallas-Fort Worth, Austin and San Diego metro areas serving over 8,400 customers, and (ii) the formation of a new JV with Montage, Generate Capital and others to operate and expand the Ubiquity business.  The JV plans to deploy more than $400 million in capital to fund the completion of contiguous fiber-to-the-premises networks and expansion of broadband solutions to additional cities.

Read Generate Capital’s press release

The Kirkland team included corporate partners Kevin Crews and Tony Johnston and associates Catharine Hansard and Tori Newton; investment funds partners Matt Nadworny and Samara Sanderson; debt finance partner Lucas Spivey; tax partners Stephen Butler and Lane Morgan; and technology and IP transactions partner Shellie Freedman.

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