Global Infrastructure SherpaDigitalBridge Acquires DataBank for $1.3 Billion
DigitalBridge Group announced the acquisition of DataBank, a leading data center provider, for $1.3 billion. The acquisition strengthens DigitalBridge's position in the data center market.
Source Intelligence
Digital Bridge plans to invest $500 million of equity into the U.S. data center space. Quote: Digital Bridge told Reuters that it plans to invest $500 million of equity into the U.S. data center space.
"Digital Bridge Holdings LLC of Boca Raton, FL announced yesterday that it has acquired private Dallas-based DataBank, Ltd."
"Digital Bridge Holdings LLC of Boca Raton, FL announced yesterday that it has acquired private Dallas-based DataBank, Ltd."
"DataBank was sold by private equity firm Avista Capital Partners."
"Digital Bridge has partnered with Teachers Insurance and Annuity Association of America, Allstate Investments and The Edgewater Funds in the acquisition."
"Digital Bridge has partnered with Teachers Insurance and Annuity Association of America, Allstate Investments and The Edgewater Funds in the acquisition."
"Digital Bridge has partnered with Teachers Insurance and Annuity Association of America, Allstate Investments and The Edgewater Funds in the acquisition."