Announced
Synopsis
Cordiant Digital Infrastructure, an operationally focused investor specialising in digital infrastructure, agreed to acquire a 47.5% stake in DCU Invest, a datacenter company, for €92m. “We are delighted to be working with TINC, who, as a long-term investor, shares a common strategic vision for this business and will be able to co-invest alongside the Company in the further expansion of the facilities. This transaction could only be successfully executed because of the Investment Manager’s ability to create a potentially valuable combination from a complex situation. The acquisition provides a good foundation for the Manager’s value creation plan for these assets. The transaction shows the Manager’s operational data centre expertise and ability to source transactions that meet its demanding criteria for capital deployment," Steven Marshall and Benn Mikula, Cordiant Digital Infrastructure Co-Founders.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.