Data Center Investment News — 07/02/2022
Cordiant acquires DataGryd in US, Emitel in Poland for combined $551m
Cordiant Digital Infrastructure has acquired US data center firm DataGryd and Polish digital infrastructure company Emitel for a combined $551m.
The investment firm, this week announced it had entered into a binding agreement to acquire ‘certain assets constituting the full operational platform’ of DataGryd Datacenters LLC for $74 million. The acquisition will be fully funded from Cordiant’s available cash resources.
DataGryd operates data center space in the 60 Hudson Street carrier hotel in New York City; the company currently occupies around 170,000 sq ft (15,800 sqm). The company has access to approximately 15MW of power and an option on an additional 120,000 sq ft (11,150 sqm) of raised floor data center space.
In January 2021 Cordiant Capital raised £370 million ($511m) through the IPO of a new infrastructure firm called Cordiant Digital Infrastructure, before acquiring Ceské Radiokomunikace (CRA) from funds of Macquarie in the Czech Republic as well as an undisclosed long-haul fiber-optic network based in Norway.
Cordiant acquires DataGryd in US, Emitel in Poland for combined $551m
Cordiant Digital Infrastructure has acquired US data center firm DataGryd and Polish digital infrastructure company Emitel for a combined $551m.
The investment firm, this week announced it had entered into a binding agreement to acquire ‘certain assets constituting the full operational platform’ of DataGryd Datacenters LLC for $74 million. The acquisition will be fully funded from Cordiant’s available cash resources.
DataGryd operates data center space in the 60 Hudson Street carrier hotel in New York City; the company currently occupies around 170,000 sq ft (15,800 sqm). The company has access to approximately 15MW of power and an option on an additional 120,000 sq ft (11,150 sqm) of raised floor data center space.
In January 2021 Cordiant Capital raised £370 million ($511m) through the IPO of a new infrastructure firm called Cordiant Digital Infrastructure, before acquiring Ceské Radiokomunikace (CRA) from funds of Macquarie in the Czech Republic as well as an undisclosed long-haul fiber-optic network based in Norway.