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New Deal


Announced

Macquarie Group to acquire Netrality Data Centers from Abrams Capital Management.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Pending

data centers

Friendly

Acquisition

Mbo

United States

Data Centers and Hosting

Private Equity

Single Bidder

Synopsis

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Macquarie Group agreed to acquire Netrality Data Centers, which owns and operates facilities that act as data connectivity hubs in their respective markets, from Abrams Capital Management. Financial terms were not disclosed. "Netrality’s facilities represent a critical form of digital infrastructure. In addition to facilitating the operation of the public internet, the sites also allow companies to build direct private connections between networks, improving performance, reliability and security. We are very pleased to partner with Netrality’s experienced management team as we expand our portfolio of investments in communications infrastructure," said Karl Kuchel, MIP IV CEO.

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