Hogan Lovells represented infrastructure development provider ISA, in an agreement to invest up to USD$80 million in Andean Tower Partners Holdings LLC (ATP), a private owner of wireless communication towers and equipment in Colombia and Peru. ATP is a subsidiary of Digital Bridge Andean Tower Holdings LLC, a North American company.

As part of the investment, ISA will hold up to a 48% stake in ATP and will partner with Digital Bridge to develop the business. The investment will be focused on the deployment of new telecommunications network infrastructure in Colombia and Peru.

"We are seeing an increase in infrastructure investment in Latin America," Jose Luis Vittor, a partner at Hogan Lovells. "There has been particular interest in deals in connection with the development of infrastructure assets in emerging markets which are embracing more private investment such as Colombia."

The Hogan Lovells team was led by Dave Locascio, Jose Luis Vittor, and Bruno Ciuffetelli in the Houston office. They were assisted by Luke Edney and Pedro Echavarria Coll in Houston, Jeff Tolin in New York, Peter Spivack and Brian Curran in Washington, D.C. and Amy Freed and J. Nicholas Hoover in Baltimore. Local counsel for ISA was led by Carlos Umaña of Brigard & Urrutia. Digital Bridge was represented by Kleinbard LLC and ATP by Muñoz Tamayo & Asociados in Colombia.

"The Hogan Lovells team worked seamlessly together to ensure our investment was complementary to ISA Group's already existing infrastructure and aligned with our corporate strategy," said Sonia Abuchar ISA's Chief Legal Officer.