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New Deal


Announced

Completed

Digital Realty completed the acquisition of Teraco from Berkshire Partners and Permira for $3.5bn.

Financials

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Transaction Value£2,585m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Cross Border

Private

Private Equity

Single Bidder

Friendly

Data Centers and Hosting

data centers

South Africa

Majority

Completed

Synopsis

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Digital Realty, the largest global provider of cloud- and carrier-neutral data center, completed the acquisition of Teraco, a carrier-neutral colocation provider, from private equity firms Berkshire Partners and Permira for $3.5bn. "We are very excited to complete this transformative transaction that positions Digital Realty as the premier data center and connectivity provider on the high-growth African continent. Today's milestone gives us significant regional scale and access to a premier, high-quality portfolio in Africa's largest market, enhancing our ability to serve growing customer demand for connectivity in the region. We're thrilled to strengthen our global platform and deepen our commitment to investment in Africa, as we capitalize on the tremendous opportunity in the region," A. William Stein, Digital Realty CEO.

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