Landmark Infrastructure Files for $50 Million IPO

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Landmark Infrastructure Partners LP was formed by Landmark Dividend to own cell towers, billboards, and other leased property. The company filed last Wednesday with the SEC to raise up to $50 million in an initial public offering. According to Renaissance Capital, “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 book runners on the deal. No pricing terms were disclosed.”

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