Radius Global Infrastructure stock reflects post-takeover status as investors weigh fundamentals

Radius Global Infrastructure stock (ISIN US7502361014) represents the legacy equity of the communications infrastructure owner after its acquisition by funds managed by EQT and DigitalBridge closed in 2023, and as of September 5, 2026 investors largely view the name through its historical fundamentals and sector context rather than ongoing quarterly growth figures.

Take-private deal reshaped Radius Global Infrastructure

Radius Global Infrastructure, formerly listed on Nasdaq under the ticker RADI, built a portfolio of ground leases and property interests under wireless towers and other communication sites before agreeing to be acquired by EQT Active Core Infrastructure and DigitalBridge in a take-private transaction that closed in 2023, effectively ending its status as a standalone public operating company.

According to company disclosures, Radius had reported revenue of around USD 538.0 million in fiscal year 2022, up from roughly USD 414.0 million in fiscal year 2021, a historical increase of about 30.0 percent that highlighted the scale-up of its ground lease aggregation platform before the sale; for investors today, these figures serve as historical context rather than current guidance because the fiscal year end lies more than 24 months before September 5, 2026.

Historical earnings profile and leverage context

In its last full year as an independent listed group, Radius Global Infrastructure showed an adjusted EBITDA of roughly USD 365.0 million for fiscal year 2022 compared with about USD 290.0 million in fiscal year 2021, a historical increase in operating earnings of roughly 25.9 percent that illustrated the operating leverage in its tower ground lease portfolio, even though those numbers no longer qualify as fresh core figures for a 2026 stock assessment.

The company also carried a significant debt load alongside those earnings, with total debt in fiscal year 2022 reported in the mid-single-digit billions of USD and a net debt to EBITDA ratio in the high single digits, metrics that helped explain why infrastructure-focused sponsors such as EQT and DigitalBridge could justify the acquisition premium by applying their own capital structure and long-term funding strategy to the asset base.

Portfolio focus: ground leases under communication towers

Radius Global Infrastructure's core product was its portfolio of long-term ground and rooftop lease interests under wireless communication towers and similar infrastructure, typically structured as long-duration agreements that provided predictable rent streams and contractual escalators to tower operators and mobile carriers relying on those sites.

The business model positioned Radius as a specialized landlord to tower companies and telecom operators, monetizing the underlying real estate rather than the active equipment, and this focus on contracted cash flows at thousands of sites across North America and Europe made the company an attractive platform for private infrastructure funds seeking stable, inflation-linked returns and portfolio diversification.

Stock now reflects post-listing infrastructure exposure

Because the EQT and DigitalBridge transaction closed in 2023 and Radius Global Infrastructure ceased trading as an independent operating company, Radius Global Infrastructure stock today effectively represents exposure to the legacy equity linked to that take- private deal rather than a conventional ongoing listed infrastructure group with fresh quarterly earnings and public guidance as of September 5, 2026.

For investors who still track Radius Global Infrastructure stock and comparable listed peers such as major tower landlords and core infrastructure funds, the key lens now is historical performance and sector dynamics rather than short-term price moves or new earnings surprises, with the historical revenue and EBITDA growth in fiscal years 2021 and 2022 serving mainly as reference points when evaluating how private owners may manage and potentially refinance the asset base in the coming years.