Brookfield Infrastructure Completes Acquisition of Compass Datacenters
Brookfield Infrastructure Partners has completed its acquisition of Compass Datacenters. The deal expands Brookfield's data center portfolio.
Source Intelligence
Brookfield Infrastructure will acquire a co-controlling stake in Compass Datacenters for $1.35 billion. Goldman Sachs & Co. LLC and Guggenheim Securities, LLC served as joint financial advisors to Compass and RedBird on the transaction. Deutsche Bank Securities Inc. also served as debt financing advisor. Brookfield Infrastructure engaged BMO Capital Markets and Scotiabank as joint financial advisors and Kirkland & Ellis LLP as legal counsel. TD Securities is serving as financial advisor and Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as legal counsel to Ontario Teachers?. Fried, Frank, Harris, Shriver & Jacobson LLP and Wick Phillips, LLP served as legal counsel to Compass. DLA Piper served as legal counsel to Compass Management. Fried Frank served as legal counsel to RedBird. Kim Hicks, P.C, Kate Rainey Willson Roald Nashi, P.C.; Gregory D. Howling; David Wheat, P.C.; Joseph Tootle; Stephen I. Brecher of Kirkland & Ellis LLP acted as legal advisor to Brookfield Infrastructure Partners L.P. (NYSE:BIP).
"Brookfield Infrastructure Partners L.P. and Ontario Teachers' Pension Plan Board completed the acquisition of Compass Datacenters, LLC from RedBird Capital Partners LLC and Azrieli Group Ltd."
"Brookfield Infrastructure Partners L.P. and Ontario Teachers' Pension Plan Board completed the acquisition of Compass Datacenters, LLC from RedBird Capital Partners LLC and Azrieli Group Ltd."
"Brookfield Infrastructure Partners L.P. and Ontario Teachers' Pension Plan Board completed the acquisition of Compass Datacenters, LLC from RedBird Capital Partners LLC and Azrieli Group Ltd."
"Brookfield Infrastructure Partners L.P. and Ontario Teachers' Pension Plan Board completed the acquisition of Compass Datacenters, LLC from RedBird Capital Partners LLC and Azrieli Group Ltd."
"Brookfield Infrastructure Partners L.P. and Ontario Teachers' Pension Plan Board completed the acquisition of Compass Datacenters, LLC from RedBird Capital Partners LLC and Azrieli Group Ltd."
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