Akin Gump Advises Landmark Infrastructure Partners LP in Acquisition of Real Property Interests from Landmark Dividend LLC
(Houston) - Landmark Infrastructure Partners LP (the "Partnership") today announced that it has acquired 42 tenant sites located in 19 states from its sponsor, Landmark Dividend LLC, for total consideration of $26.3 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 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 Marcella Burke and 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.
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