Highline do Brasil owns more than 3.8k tower sites, across its portfolio in Brazil, giving it a market share of ~6% of the total towers in the country. Indeed, Highline is the fifth largest independent tower operator in Brazil.
In December 2019, Digital Colony Partners I, which is the digital infrastructure private equity fund of Colony Capital (NYSE: CLNY), acquired Highline do Brasil from Patria Investments. Indeed, Colony is now using Highline as a vehicle to consolidate the Brazilian tower market.