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Announced

Digital Realty Trust completed a $1.8bn acquisition of Ascenty from Great Hill.

Synopsis

Digital Realty Trust, a leading global provider of data center, colocation and interconnection solutions, completed the acquisition of Ascenty, a leading data center provider in Brazil, from Great Hill Partners in a transaction valued at approximately $1.8bn. This transformative transaction represents consistent execution against the new market strategy we articulated at our Investor Day last December, and immediately establishes us as a market leader within an historically under-served region poised for rapid growth. We are also gratified to partner with Brookfield on this transaction, leveraging their extensive experience as a regional investor and operator. This acquisition advances our strategy of sourcing strategic and complementary assets to strengthen and diversify Digital Realty's data center portfolio and expand our product mix and global footprint." Bill Stein, Digital Realty CEO.

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