Antin Infrastructure Partners is acquiring European data centre platform NorthC Datacenters from DWS and other minority shareholders for an unspecified sum.
Antin is buying the colocation data centre operator on behalf of Flagship Fund V, its €10.2bn fifth flagship fund which seek controlling equity investments in the energy and environment, telecom, transport and social infrastructure sectors in Europe and North America.
Antin said it will be investing alongside NorthC CEO Alexandra Schless and the company’s existing management team.
NorthC operates 25 colocation data centres across major metropolitan areas in the Netherlands, Germany and Switzerland.
Stéphane Ifker, managing partner, and Maximilian Lindner, partner, both at Antin Infrastructure Partners, said: “We have a strong conviction on the growth potential for colocation data centres, and NorthC is the leading operator in this space in Europe.
“NorthC is well positioned to accelerate its expansion and consolidate its leadership in a fast-growing and increasingly strategic segment of the digital infrastructure market. We look forward to supporting Alexandra and the team to achieve the next phase of NorthC’s growth.”
Harold D’Hauteville, partner of DWS Infrastructure, said: “We are thrilled to have had the opportunity to create and grow NorthC with its incredible management team over the past six years.
“NorthC’s consistent focus on providing high quality colocation services to its clients across the Benelux and DACH region has established the business as a regional leader.”
Schless said: “We are grateful to DWS for its support over the past years, and are delighted to work alongside Antin to continue taking the company forward.
“Antin’s direct experience of colocation data centres and knowledge of the enterprise end-customer market will be strong assets to help us seize the many growth opportunities that lie ahead.”
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