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New Deal


Announced

AIIM and N+ONE to form a joint venture in a $90m deal.

Financials

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Transaction Value£70m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Morocco

Cross Border

Majority

Private

Pending

Single Bidder

carrier-neutral data centers

Data Centers and Hosting

Acquisition

Joint Venture

Private Equity

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Synopsis

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African Infrastructure Investment Managers, a private equity firm, and N+ONE, a data center owner and operator, agreed to form a joint venture in a $90m deal. “We are thrilled to introduce our collaboration to the African market. Our vison is to deliver regionally interconnected hyperscale data centers, built and operated to highest industry standards. This launch represents a significant step toward realizing that vision,” Amine Kandil, N+ONE Founder and CEO.

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