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New Deal


Announced

Completed

Brookfield Infrastructure Partners completed the acquisition of Cyxtera for $775m.

Financials

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Transaction Value£637m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Single Bidder

Acquisition

retail colocation and interconnection

IT Services: Other

United States

Domestic

Private

Majority

Completed

Synopsis

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Brookfield Infrastructure Partners, a company that engages in the acquisition and management of infrastructure assets, completed the acquisition of Cyxtera, a leader in data center colocation, interconnection services, and digital infrastructure, for $775m. "Combining Evoque and Cyxtera is a strategic step that aligns seamlessly with our vision for data infrastructure investments. This move not only swiftly amplifies the joint organization’s market presence, but also diversifies its product portfolio and broadens its customer reach worldwide, with unrivaled connectivity, security, and scalability,” Udhay Mathialagan, Brookfield Infrastructure CEO, Global Data Centers. On November 16, 2023, Cyxtera receives court approval for sale to Brookfield.

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