IFM Investors is acquiring a Swiss data centre operator from real assets private equity firm InfraVia.

The open-ended IFM Global Infrastructure Fund (IFM GIF) is investing an unspecified sum to acquire Green Group and its subsidiaries.

Founded in 1995 and headquartered in Lupfig, Switzerland, Green Group provides digital infrastructure specialising in hyperscale and enterprise data centres. The company operates six data centers across four locations in the Zurich region.

Deepa Bharadwaj, head of infrastructure Europe at IFM Investors, said: “IFM Investors is excited to work closely with Green’s management to support the next phase of growth. Green’s excellence in data centre operations and delivery expertise, alongside its industry leadership in sustainability, makes the company a natural fit for IFM GIF.

“We believe this partnership aligns with our mission to deliver returns to our investors, in line with our purpose to invest, protect and grow the retirement savings of working people.”

Bruno Candes, partner at InfraVia, said: “It has been a pleasure working with Green’s first-class management team over the past eight years.

“Green’s strong existing asset portfolio, relationships with key clients and stakeholders, and accumulated development and construction expertise leave the company well poised for the next chapter of its successful growth story.”

Roger Süess, CEO of Green Group, said: “We look forward to embarking on the next chapter of Green’s expansion in partnership with IFM Investors. Their proven sector expertise, expansive European infrastructure network, and robust financial resources will be instrumental in accelerating our growth strategy.”

To read the latest IPE Real Assets magazine click here.

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