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Announced

Arcus Infrastructure Partners to acquire SDC SpaceNet DataCenter from SpaceNet.

Synopsis

Arcus Infrastructure Partners, an independent infrastructure fund manager, agreed to acquire SDC SpaceNet DataCenter from SpaceNet, a internet provider. Financial terms were not disclosed. We have evaluated numerous data centre businesses across Germany and Europe over the past few years. SDC stood out as a very suitable first acquisition for our data centre aggregation strategy due to its great location, high-specification design, market leading energy efficiency characteristics, high quality anchor customers, and development potential. We look forward to our partnership with the SpaceNet team going forward as we work on delivering the next phase of growth for this business and our broader platform strategy,” John Shea, Arcus Partner.

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