Announced
Financials
Tags
Private
Pending
data centers
Friendly
Acquisition
Mbo
United States
Data Centers and Hosting
Private Equity
Single Bidder
Synopsis
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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