Stonepeak and Columbia Capital to acquire IPB Internet Provider in Berlin.

Stonepeak and Columbia Capital, a private equity firms, agreed to acquire IPB Internet Provider in Berlin, a data center operator. Financial terms were not disclosed. “Stonepeak and Columbia Capital are ideal partners for IPB as we embark on this next chapter. We are confident that their disciplined investment approach and combined digital infrastructure expertise, expansive industry relationships, and deep experience scaling data center businesses will enhance our customers’ experience and accelerate our vision for the business,” Steffen David, IPB Internet Provider Founder and Managing Director.