I Squared Capital (“I Squared”), a leading independent global infrastructure investor, announced that it has entered into a Scheme Implementation Agreement with oOh!media Limited (ASX: OML) to acquire all of its issued shares by way of a scheme of arrangement. Under the transaction, oOh!media shareholders will receive A$1.70/share 1 in cash for each oOh!media share held, implying an equity value of approximately A$898 million (US$631 million 2) and an enterprise value of approximately A$1.04 billion (US$733 million). Harsh Agrawal, Senior Partner at I Squared Capital, commented, “oOh!media represents the type of infrastructure platform we seek to invest in – a market-leading business with high-quality assets, long-term contractual foundations and attractive growth opportunities. Since opening its Sydney office in 2022, I Squared has deployed capital across several infrastructure platform businesses including energy infrastructure, environmental infrastructure, renewables, and transport and logistics. About I Squared CapitalI Squared Capital is a leading independent global infrastructure investor dedicated to the mid-market, managing over $60 billion in assets.