MergerLinks Header Logo

Announced

Colony Capital to invest $185m in DataBank.

Synopsis

Colony Capital, a global investment management firm is set to invest $185m in DataBank, a provider of enterprise-class data center, connectivity and managed services. "We are thrilled to be partnering with DataBank, its management team, and investor group, to continue building the premier edge/colocation data center platform in the United States. We look forward to supporting the business with additional capital to fund potential add-on acquisitions and greenfield edge data center developments," Justin Chang, Colony Capital Global Head of Private Equity.

Show Details & Financials

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US