Credit: Shutterstock photoLandmark Infrastructure Partners LP, an MLP formed by Landmark Dividend to own cell towers, billboards and other leased property, filed on Wednesday with the SEC to raise up to $50 million in an initial public offering.
The company counts March IPO CBS Outdoors ( CBSO ) among its customers.
The El Segundo, CA-based company, which was founded in 2014 and booked $14 million in sales for the 12 months ended June 30, 2014, plans to list under the symbol LMRK. Landmark Infrastructure Partners LP initially filed confidentially on August 6, 2014. Baird, Raymond James and RBC Capital Markets are the joint bookrunners on the deal. No pricing terms were disclosed.
The article Cell tower lessor Landmark Infrastructure LP files for a $50 million IPO originally appeared on IPO investment manager Renaissance Capital's web site renaissancecapital.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
