Showing posts with label DigitalBridge. Show all posts
Showing posts with label DigitalBridge. Show all posts

Tuesday, November 22, 2022

DigitalBridge extends data center strategy in southeast Asia

DigitalBridge Group has acquired an ownership stake in AIMS Group, a leading operator of highly-connected ecosystem-centric data centers based in Malaysia. The company's Kuala Lumpur flagship Menara AIMS facility anchors the Malaysia Internet Exchange (MYIX). AIMS’ facilities provide highly inter-connected environments to a diverse customer base, comprising domestic and international telecommunications carriers, major enterprises, hyperscalers and content distribution networks. AIMS also operates a state-of-the-art purpose-built data center campus in Cyberjaya and a new facility in downtown Bangkok.

The investment stake was acquired from TIME dotCom Berhad by funds affiliated with DigitalBridge Investment Management. The transaction, which is subject to customary closing conditions, is expected to close in 2023.

Digital Bridge also announced the formation of an edge data center platform focused on the high-growth markets of the Southeast Asia region.

“DigitalBridge’s expertise in investing, building, and operating data centers to the highest standards aligns perfectly with AIMS’ next stage of development,” said Justin Chang, Managing Director and Head of Asia for DigitalBridge. “AIMS is a leading operator in the region poised for significant growth, with a strong management team, a robust development pipeline and considerable expansion capacity. This is a terrific platform for DigitalBridge, and we are excited to partner with TDC, which has a long heritage of building connectivity-linked businesses across Southeast Asia.”

https://www.digitalbridge.com/news/2022-11-22-digitalbridge-announces-formation-of-edge-data-center-platform-in-asia-and-acquisition-of-a-stake-in-aims-group

DigitalBridge form Xenith Infrastructure Group for HKG and Singapore

DigitalBridge Group and funds affiliated with Columbia Capital have formed Xenith Infrastructure Group, a new fiber platform serving hyperscalers, data center operators, carriers and enterprises in the Asia-Pacific regionXenith IG’s initial assets comprise conduit and fiber assets in Singapore and Hong Kong, which it acquired from Superloop.Xenith IG will be led by Clement Goh, who was appointed Chief Executive Officer, effective August 1, 2022....

DigitalBridge appoints Tae Ahn as MD of Asia Capital Formation 

DigitalBridge Group appointed Tae E. Ahn as Managing Director and Head of Asia Capital Formation at DigitalBridge Investment Management. Based in Singapore, he will work alongside DigitalBridge’s existing team with a focus on capital formation, coinvestment and client relationship management across Asia-Pacific.Prior to joining DigitalBridge, he served as Senior Client Relationship Manager and Head of Korea at global private markets firm Partners...


Tuesday, July 19, 2022

DigitalBridge appoints Tae Ahn as MD of Asia Capital Formation

DigitalBridge Group appointed Tae E. Ahn as Managing Director and Head of Asia Capital Formation at DigitalBridge Investment Management. Based in Singapore, he will work alongside DigitalBridge’s existing team with a focus on capital formation, coinvestment and client relationship management across Asia-Pacific.

Prior to joining DigitalBridge, he served as Senior Client Relationship Manager and Head of Korea at global private markets firm Partners Group. In that role, which he held for seven years, Mr. Ahn led fundraising, client relationship management and deal sourcing. Mr. Ahn holds a B.A. from the University of Michigan and a Masters in International Economic Policy from Columbia University.

www.digitalbridge.com

DT to sell 51% stake in towers business to Digital Bridge and Brookfield

Deutsche Telekom will sell 51 percent of GD Towers comprising its tower assets in Germany and Austria, to Digital Bridge and Brookfield at 17.5 billion euros enterprise value on a cash and debt free basis. With around 800 employees, GD Towers operates more than 40,000 sites in Germany and Austria and has a successful track record in delivering new sites for its anchor tenant Telekom Deutschland and securing revenues with third party customers....

Swiss Life-led Consortium to acquire 27% equity Interest in DataBank

DigitalBridge Group will sell an equity stake in its DataBank company to a consortium led by Swiss Life Asset Management AG and EDF Invest.DataBank’s portfolio consists of more than 65 data centers, 20 interconnection hubs in more than 27 markets, on-ramps to an ecosystem of cloud providers, and a modular edge data center platform.Under the terms of the agreement, SLAM and EDF will acquire 27% of the fully diluted equity interests in DataBank for...

DigitalBridge to acquire Switch for $11 billion for its data centers

DigitalBridge Group agreed to acquire Switch, a leading colocation data center operator, for $34.25 per share in an all-cash transaction valued at approximately $11 billion, including the assumption of debt.Switch, which was founded in 2000, operates SuperNAP data center campuses in Las Vegas, Reno, and Grand Rapids, Michigan. The company touts its high-resiliecy and high-security designs for mission critical workloads in its "Class 5" data centers....


Saturday, April 2, 2022

DigitalBridge backs Everstream for business fiber services

DigitalBridge, in partnership with a subsidiary of Canada Pension Plan Investment Board, has invested $220 million in the form of a holding company term loan to support the continued growth of Everstream Solutions.

Founded in 2014 and headquartered in Cleveland, Ohio, Everstream delivers a business-only, enterprise-grade fiber network services.  The company serves large and mid-sized enterprises with over 27,000 route miles of fiber, speeds up to 100 Gbps, and robust business fiber services, including low-latency dedicated internet, WAN and dark fiber.

Brett Lindsey, Everstream’s Chief Executive Officer, said, “We selected DigitalBridge Credit as our partner because of its unsurpassed sector expertise, leading credit structuring capabilities and ability to execute on an accelerated timeline. We look forward to benefitting from the team’s deep industry knowledge as we move forward with additional financial flexibility to continue growing our business-only fiber network, expand into new markets, serve more customers and create value for all Everstream stakeholders.”

https://www.everstream.net

https://www.digitalbridge.com/news/2022-04-01-digitalbridge-credit-announces-220-million-debt-investment-to-support-everstream