DLA Piper Canada advises Beanfield Technologies in its acquisition by Digital Colony

Digital Colony Capital, Inc. (“Colony”) acquired Canadian independent bandwidth infrastructure provider ‎Beanfield Technologies (“Beanfield”) for an undisclosed amount. DLA Piper Canada acted as legal advisor to ‎Beanfield.  ‎

Beanfield owns and operates the largest private fibre optic network throughout the Greater Toronto Area ‎and provides comprehensive services to over 700 commercial and residential buildings. Beanfield ‎serves the enterprise, carrier and multi-dwelling units markets and has a portfolio which includes 366 ‎route kilometers of pervasive and dense metro fiber infrastructure in Toronto and Montreal and over ‎‎76,000 strand kilometers of fiber infrastructure, representing an average of 208 strands per route ‎kilometer. Beanfield also has 541 on-net locations, including 367 commercial locations, 161 multi-‎dwelling units and 13 data centers. Digital Colony is the global digital infrastructure investment platform ‎of Colony Capital, Inc. (NYSE: CLNY), a leading investor, owner and operator of companies dedicated to ‎mobile and internet connectivity. ‎

The DLA Piper Canada deal team in this transaction was led by Russel Drew and Sydney Kert and ‎included Mackenzie Clark, Rachel Kurtzer and Joanne Pierucci (Corporate), Kevin Fritz (Tax), Michael ‎Richards and Ryan Campbell (Employment and Labour) and Catherine Pawluch (CRTC, Regulatory and ‎Investment Canada Act).‎