DLA Piper receives 2021 LatAm Deal of the Year Award from TTR for representation of American Tower in its US$1.1 billion acquisition of Telxius’ telecommunications tower business

DLA Piper is pleased to announce that the firm received a 2021 LatAm Deal of the Year award from Transactional Track Record (TTR) in recognition of its representation of American Tower, a global REIT and leading independent owner, operator and developer of multitenant communications real estate, in its US$1.1 billion acquisition of Telxius’ telecommunications tower business.

The transaction added more than 7,000 sites in Brazil, Peru, Chile and Argentina to American Tower’s portfolio of communications infrastructure across Latin America.

“This recognition reinforces DLA Piper's ability to assist its clients in highly complex M&A matters, as well as the strong collaboration across DLA Piper offices, which is highly beneficial to our clients,” said DLA Piper partner Marco Salgado, who advised on the transaction.

“This cross-border transaction covering several jurisdictions demonstrates DLA Piper’s extensive regional resources, which enable us to deliver top-quality legal advice to our clients,” said DLA Piper partner Luis Vargas, who also advised on the transaction.

In addition to Salgado and Vargas, the DLA Piper team that advised American Tower included senior associate Roberto Berendson in Peru; and counsel Sofia O’Ryan and associates Paulina Farías, María Isabel Izquierdo, Ignacio Quezada and Cristóbal de la Maza in Chile.