Announced
Financials
Tags
Acquisition
Data Centers and Hosting
data center
United States
it services
Private
Single Bidder
Private Equity
Pending
Friendly
Minority
Synopsis
Colony Capital, an investment management firm, agreed to invest $1.2bn in Vantage Data Centers, a provider of hyperscale data center campuses. The strategic partnership marks a significant milestone in Colony’s ongoing digital transformation, with $200m of the investment coming from Colony’s balance sheet, underscoring its commitment to investing in and acquiring world-class, stabilized digital infrastructure assets that deliver consistent returns for Colony shareholders. “This strategic partnership with the Colony Capital-led investor group provides Vantage with a partner that deeply understands digital infrastructure. Vantage and its investor group are now even more well-positioned to capitalize on a number of attractive market opportunities and deploy the necessary capital to drive innovation, deliver state-of-the-art facilities for our customers, and accelerate our expansion plans in existing and new markets globally,” Sureel Choksi, Vantage President and CEO.
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