Announced
Completed
Financials
Sources
Tags
Digital Services
Acquisition
digital services
Friendly
Single Bidder
Majority
Completed
Private
Private Equity
Domestic
Luxembourg
Synopsis
Arcus Infrastructure Partners, a private equity firm, completed the acquisition of a 85% stake in European Data Hub, a data centre company, from Wagner Group, a technology company. Financial terms were not disclosed. “The regional European data centre market is on a growth trajectory and after extensive market mapping, we identified EDH as an excellent investment for the AEIF3 data centre strategy. Not only does EDH fit squarely within this strategy, but it also demonstrates strong ESG credentials with potential for further improvement in this respect. EDH is a well performing business in a strong market, and we look forward to working together with our local partner towards realising its full potential,” Christopher Ehrke, Arcus Partner.
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