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SoftBank Completes $4 Billion DigitalBridge Deal; Ganzi to Lead Separately Managed Platform

SoftBank now controls DigitalBridge, which is set to remain separately managed under Marc Ganzi. The $4.0 billion enterprise value and $3.1 billion stock-acquisition figure describe different measures.
From TheFinanceBase Team2 min to read
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SoftBank completed its acquisition of DigitalBridge on September 30, 2026. The digital-infrastructure investor is now a controlled SoftBank subsidiary and, SoftBank says, will continue as a separately managed platform led by CEO Marc Ganzi. The often-cited approximately $4 billion figure is the deal’s announced enterprise value; the closing release reported approximately $3.1 billion for the acquisition of DigitalBridge’s outstanding common stock.

What SoftBank acquired and when the deal closed

SoftBank Group announced that it had completed the acquisition of all outstanding DigitalBridge common stock on September 30, 2026. DigitalBridge is now a controlled subsidiary. SoftBank said it will continue operating as a separately managed platform led by Ganzi, rather than being described as folded into SoftBank’s day-to-day operations. SoftBank’s completion announcement

DigitalBridge invests in digital infrastructure, including data centers, cell towers, fiber networks, small cells and edge infrastructure. Those asset categories help explain why SoftBank connected the acquisition to infrastructure for AI services and applications. SoftBank’s description of DigitalBridge

Why reports cite both $4 billion and $3.1 billion

The figures refer to different transaction measures. DigitalBridge’s December 29, 2025 announcement described the transaction as having approximately $4.0 billion in total enterprise value. SoftBank’s September 30, 2026 closing release reported approximately $3.1 billion for the acquisition of all outstanding common stock. They should not be treated as competing estimates of the same measure. DigitalBridge’s deal announcement · SoftBank’s closing release

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Before the transaction closed, DigitalBridge said on September 22, 2026 that all required regulatory approvals had been received and that stockholders would receive $16.00 per share in cash at closing. SoftBank subsequently confirmed that the deal closed on September 30. DigitalBridge’s regulatory-approval update

What “third-party infrastructure arm” means—and what it does not establish

A surfaced Financial Times headline attributes the description “third-party infrastructure arm” to Ganzi. The phrase suggests a role serving infrastructure needs beyond SoftBank itself, but the available report excerpt does not establish the specific governance, financing, or project arrangements behind that characterization. It is not evidence that DigitalBridge has become an internal construction operator. Financial Times headline and excerpt

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The confirmed post-close description is narrower: SoftBank calls DigitalBridge a controlled subsidiary that will remain a separately managed platform led by Ganzi. That establishes ownership and the stated operating arrangement, but does not by itself specify how future investments will be funded or which projects DigitalBridge will pursue.

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SoftBank’s stated AI infrastructure rationale

When announcing the acquisition in December 2025, SoftBank said it would strengthen its ability to build, scale and finance foundational infrastructure for next-generation AI services and applications. That is the company’s stated strategic rationale—not evidence that the acquisition has already produced new infrastructure, investment returns, or a particular pace of construction. DigitalBridge’s announcement of SoftBank’s rationale

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Ganzi said in that announcement: “The buildout of AI infrastructure represents one of the most significant investment opportunities of our generation.” The statement conveys his view of the opportunity; it is not a forecast of DigitalBridge’s results. DigitalBridge’s December 29, 2025 announcement

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