DigitalBridge acquisition news – DigitalBridge to Acquire Yondr Group
Oct 28, 2024 | By Kailee Rainse
DigitalBridge Group, Inc is a leading global alternative asset manager dedicated to investing in digital infrastructure, announced it has reached an agreement to acquire Yondr Group (“Yondr”) a global developer and operator of hyperscale data centers, through one of its managed investment funds (the “DigitalBridge Fund”).
SUMMARY
- DigitalBridge Group, Inc is a leading global alternative asset manager dedicated to investing in digital infrastructure, announced it has reached an agreement to acquire Yondr Group (“Yondr”).
- DigitalBridge is a leading global alternative asset manager dedicated to investing in digital infrastructure.
- Yondr Group is a global developer, owner, and operator of hyperscale data centers.
Yondr has established itself as a key player in the digital infrastructure sector, addressing the complex data center capacity demands of the world’s largest technology companies through the development and operation of sustainable data centers worldwide.
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With a diverse portfolio of campuses Yondr is well-positioned to meet the soaring demand for advanced data processing capabilities driven by ongoing digital transformation, the shift to cloud solutions and the rise of artificial intelligence (AI). The company has more than 420MW of capacity committed to hyperscalers, with significant additional land to support a total potential capacity of over 1GW.
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Acquisition benifit
The DigitalBridge Fund’s strategic investment will drive the development of cutting-edge, sustainable data centers, backed by long-term, stable revenue streams from investment-grade clients.
Jon Mauck, Senior Managing Director at DigitalBridge said, “Yondr’s assets and strong relationships with leading hyperscale clients align with DigitalBridge’s vision to support the future of digital infrastructure, Yondr enhances our existing data center portfolio and strengthens our ability to support hyperscalers. Together, we are well-positioned to capitalize on the increasing demand for hyperscale data centers – fueled by AI, cloud computing, and the ongoing digital transformation across industries.”
Yondr will continue to operate as an independent company within DigitalBridge’s portfolio, leveraging DigitalBridge’s support, expertise, and experience. This partnership will enhance Yondr’s ability to serve its clients more effectively while accelerating global expansion efforts.
About DigitalBridge
DigitalBridge is a leading global alternative asset manager dedicated to investing in digital infrastructure. With a heritage of over 25 years investing in and operating businesses across the digital ecosystem, including cell towers, data centers, fiber, small cells, and edge infrastructure, the DigitalBridge team manages over $84 billion of infrastructure assets on behalf of its limited partners and shareholders.
About Yondr Group
Yondr Group is a global developer, owner, and operator of hyperscale data centers. The company specialises in delivering and operating dedicated infrastructure that is engineered for scale. As an organisation, their mission’Global capacity responsible delivery’—ensures that they achieve their vision of a tomorrow without constraints.