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Announced

Completed

Digital 9 Infrastructure completed the acquisition of Verne Global for £231m.

Financials

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Transaction Value£231m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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data center solutions

Friendly

Domestic

Single Bidder

Majority

Private Equity

United Kingdom

Completed

Data Centers and Hosting

Private

Acquisition

Synopsis

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Digital 9 Infrastructure, an investment trust, completed the acquisition of Verne Global, a provider of sustainable data center solutions, for £231m. "We are absolutely delighted to become part of the Digital 9 Infrastructure platform. Its mission to support and develop highly-resilient digital infrastructures that fuel innovation, but are also sustainable and inclusive, resonates tremendously with Verne Global’s own business objectives. What Verne Global has achieved over the last decade is a fantastic accomplishment and is a great acknowledgement of the exceptional team that we have. We are hugely grateful for the support that we have had from our prior shareholders – Wellcome Trust, Stefnir, Novator Partners, and General Catalyst Partners – to this point. As we look forward, we are now hugely excited to be working with D9 and believe that we have the perfect partner to help power our future," Dominic Ward, Verne Global CEO.

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