Vantage Data Centers has announced that it has entered into a definitive agreement to form an Investment Partnership with a consortium of investors led by funds affiliated with the investment management platform of DigitalBridge Group, MEAG and Infranity.
The transaction values the Investment Partnership, which is related to certain stabilized European assets, at approximately €2.5 billion (approximately $2.7 billion), including Vantage’s stake. The additional capital raised by the Investor Consortium will be used to support the continued growth of Vantage’s EMEA data center platform.
The Investment Partnership is expected to be finalized in the second quarter of 2023, subject to satisfaction of certain closing conditions, including the receipt of certain regulatory approvals.
Vantage Data Centers powers operates across five continents in North America, EMEA and Asia Pacific.
DigitalBridge Group is a leading global digital infrastructure firm. The DigitalBridge team manages a $65 billion portfolio of digital infrastructure assets on behalf of its limited partners and shareholders. Headquartered in Boca Raton, DigitalBridge has key offices in New York, Los Angeles, London, Luxembourg and Singapore.
MEAG is the asset manager of Munich Re Group. With branches in Europe, Asia and North America, it also offers its extensive know-how to institutional investors and private clients from outside the company group.