DigitalBridge, La Caisse Complete $5.8B Yondr Group Acquisition
DigitalBridge, La Caisse Complete $5.8B Yondr Group Acquisition

DigitalBridge, La Caisse Complete $5.8B Yondr Group Acquisition

News summary

DigitalBridge Group, Inc. and La Caisse have completed the acquisition of Yondr Group, a global developer and operator of hyperscale data centers, from Cathexis Holdings for $5.8 billion. Yondr currently operates over 420MW of capacity with potential expansion exceeding 1GW, positioning it well to meet growing demand driven by AI, cloud computing, and digital transformation. The acquisition strengthens DigitalBridge's digital infrastructure portfolio and reflects confidence in Yondr's ability to scale and innovate under new leadership. Aaron Wangenheim and Sandip Mahajan have been appointed CEO and CFO of Yondr, bringing extensive experience in data center operations and financial leadership. The deal aligns with DigitalBridge and La Caisse's broader strategy to capitalize on the expanding digital infrastructure market, including prior investments in related sectors such as tower companies. While the acquisition presents growth opportunities, investors are advised to consider risks related to market demand and the challenges of scaling under new management.

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