Digital Colony Management announced Digital Colony Partners' acquisition of Highline do Brasil II Infraestrutura de Telecomunicacoes (Highline) from Patria Investments.

Highline is an independent provider of infrastructure solutions for the telecommunications industry. Founded in 2012 by Pátria, Highline has a portfolio of wireless infrastructure assets, including macro towers, covering all major urban, suburban and rural areas of Brazil. The company has all major mobile network operators in Brazil (ORMs), including TIM, Vivo, Claro, and Oi, as its customers. The company builds and operates a portfolio of telecommunication antennae installation sites such as towers, rooftops, indoor systems, and street-level (low coverage) sites.

Linklaters LLP served as legal counsel to Digital Colony. Simpson Thacher & Bartlett LLP and Stocche Forbes served as legal counsel to Pátria.