October 16, 2025

SBA Communications sells Canadian wireless tower business to CVC DIF

Goodmans LLP advised SBA Communications in connection with the sale of its Canadian wireless tower business (SBA Canada) to CVC DIF, the dedicated infrastructure investment strategy of global private markets manager CVC, for C$446 million.

The acquisition represented a significant investment in critical digital mobile tower infrastructure. The investment in SBA Canada was made through DIF Infrastructure VIII.

SBA Canada represents one of the largest independent wireless tower portfolios in Canada, and plays a prominent role in supporting the expansion of next generation 5G and broadband networks for Canadian mobile network operators and connectivity providers.

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