Announced

Macquarie Capital and PMV to acquire a majority stake in KevlinX.

Synopsis

Private equity firms Macquarie Capital and PMV to acquire a majority stake in KevlinX, a data center company. Financial terms were not disclosed. “This is a sector experiencing huge growth, playing a crucial role in supporting an increasingly digital global economy. We are pleased to partner with PMV and KevlinX to realise this critical infrastructure for Belgium and through our investment we intend to support KevlinX deliver on their project pipeline as they embark on an exciting period of growth across Europe," Giovanni Della Pesca, Macquarie Managing Director.

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