DigitalBridge has accomplished its buy of European information heart operator Yondr Group, because the Florida-based funding agency appears to speed up its growth into high-growth infrastructure markets.
The deal, originally announced in October 2024, noticed DigitalBridge and Canadian funding group La Caisse companion to amass Yondr from Cathexis Holdings.
“With a various international portfolio of campuses, Yondr additional strengthens DigitalBridge’s world-class information heart portfolio and reinforces our give attention to being a worldwide companion to the main hyperscale, know-how, and AI corporations which might be driving the digital financial system,” mentioned Jon Mauck, senior managing director and head of knowledge facilities at DigitalBridge.
Tapping Into New Markets
Headquartered in Amsterdam and with a big presence within the UK, Yondr operates information facilities in 11 places globally.
The corporate says it has greater than 420 MW of capability dedicated to hyperscalers, with “important further land” to help a complete potential capability of over 1 GW.
Along with increasing its campus in Slough, close to London, the corporate has been setting its sights additional afield.
Earlier this 12 months, Yondr launched the primary 20 MW of a 40 MW information heart challenge in Bischofsheim, simply south of Frankfurt, Germany.
The group has additionally started construction of its first Canadian information heart, a 27 MW facility in Toronto.
Yondr was additionally just lately reported to be searching for $500 million to fund a challenge primarily based in Malaysia.
New Appointments
In accordance with Bloomberg, Yondr will proceed to function as an unbiased firm inside DigitalBridge’s portfolio.
Following the acquisition, Aaron Wangenheim has been appointed chief government officer, and Sandip Mahajan has been appointed chief monetary officer.
Monetary phrases of the transaction weren’t disclosed.
