Aurora Towers Acquires 255 Canadian Towers from American Tower and Exceeds 650 Sites - Ideal Investor
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CVC DIF, the infrastructure arm of private asset manager CVC, announced on August 27, 2026, that its portfolio company Aurora Towers has signed a definitive agreement to acquire American Tower Corporation's Canadian telecommunications tower business. The portfolio concerned includes 255 wireless communication sites across Canada. The investment will be made through the DIF Infrastructure VIII fund. The closing of the transaction is expected in the fourth quarter of 2026, subject to regulatory approvals. Upon completion of the transaction, Aurora's portfolio will grow from over 400 to over 650 sites across the country. According to CVC DIF, this portfolio is complementary to Aurora's existing footprint, with minimal overlap between the two sets. The transaction aims to strengthen Aurora's position as one of the leading independent wireless tower operators in Canada. Aurora Towers was established as an independent tower platform in Canada following CVC DIF's acquisition of SBA Communications' Canadian wireless tower business in late 2025. Since this initial investment, Aurora has developed its standalone organization, strengthened its commercial capabilities with a dedicated management team, and deepened its relationships with Canadian wireless operators. According to CVC DIF, the combination of the two portfolios increases the platform's scale and reach and expands its...
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