1. Insights
  2. News
  3. Press Releases

Akin Gump Advises Landmark Infrastructure Partners LP in Acquisition of 49 Tenant Sites from Landmark Dividend LLC

September 28, 2017

Reading Time : 1 min
Jump to
View People Mentioned in This NewsView Related Services, Sectors, and Regions

Contact:

Jacinta O'Shea-Ramdeholl

Director of Communications

Send Email
+1 212.407.3080

Scott Wasserman

Senior Media Relations Manager

Send Email
+1 212.407.3009

(Houston) – Landmark Infrastructure Partners LP (the “Partnership”) today announced that it has acquired 49 tenant sites located in 23 states from its sponsor, Landmark Dividend LLC, for total consideration of $33.3 million.  This acquisition is expected to be immediately accretive to the Partnership’s distributable cash flow and will be financed with borrowings under its revolving credit facility.

A team from Akin Gump served as legal advisor to the conflicts committee of the Partnership’s general partner’s board of directors. Christine LaFollette, partner in charge of the firm’s Houston office and a partner in its energy practice, led the team, which also included tax partner Alison Chen, energy associate Cynthia Angell , real estate associate Alex Agahzadeh and practice attorney Stuart Graves.

Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

# # #

Share This Insight

Related Services, Sectors, and Regions

© 2024 Akin Gump Strauss Hauer & Feld LLP. All rights reserved. Attorney advertising. This document is distributed for informational use only; it does not constitute legal advice and should not be used as such. Prior results do not guarantee a similar outcome. Akin is the practicing name of Akin Gump LLP, a New York limited liability partnership authorized and regulated by the Solicitors Regulation Authority under number 267321. A list of the partners is available for inspection at Eighth Floor, Ten Bishops Square, London E1 6EG. For more information about Akin Gump LLP, Akin Gump Strauss Hauer & Feld LLP and other associated entities under which the Akin Gump network operates worldwide, please see our Legal Notices page.