Allen & Overy advises Grain and BlackRock on their strategic investment in Phoenix Tower International

The investment by Grain Management’s flagship funds and by the fund managed by BlackRock’s Diversified Infrastructure business will support Phoenix Tower International’s capabilities to provide critical tower infrastructure to new and existing markets around the world. 

A&O lead partners Romain Dambre and Tom Levine, said: “We are thrilled to have advised BlackRock and Grain on this investment in a leading global connectivity infrastructure provider, a sector in which A&O has a well-established reputation as market-leading counsel globally. We continue to see a high-volume of M&A interest in the “hot” digital infrastructure sector, with leading players seeking counsel who have deep sector knowledge along with excellence in structuring and executing complex investment transactions.”

The A&O team also included corporate and M&A partner Jesse Debban and associates Jonathan Mahoney, Varsha Srinivasan and Aaron Swartzman.