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Announced

Completed

Blackstone Group completed the acquisition of QTS Realty Trust for $10bn.

Financials

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Transaction Value£7,060m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium21%
One Off Charge-

Tags

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Majority

Single Bidder

Domestic

Data Centers and Hosting

Friendly

data centres

real estate investment trust

United States

Acquisition

Private Equity

Public

Completed

Synopsis

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The Blackstone Group completed the acquisition of QTS Realty Trust, a provider of data center solutions across a diverse footprint, for $10bn. "We are focused on investing in assets that are benefitting from strong, secular tailwinds, such as the rapid digitalization of data. QTS is a leading provider of data center solutions with a portfolio of high-quality assets in desirable markets, positioning it well to capitalize on these powerful trends in the data center space. We believe the vast expertise across our business will enable the QTS platform to succeed over the long-term," Tyler Henritze, Blackstone Real Estate Head of Acquisitions Americas.

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