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Digital Realty and Brookfield acquire Ascenty

M&A · Ascenty · US$1.8bn, 24 September 2018.

Key terms

Company
Ascenty
Date
24 September 2018
Type
M&A
Value
US$1.8bn
Status
Completed
Region
Latin America

What happened

Digital Realty agreed to buy Brazilian operator Ascenty from Great Hill Partners and brought in Brookfield Infrastructure as a 49% joint venture partner, making it the largest colocation platform in South America at the time.

Recorded terms

Brookfield commitment
About US$613m for a 49% stake
Footprint at signing
Data centres in São Paulo, Campinas, Rio de Janeiro and Fortaleza
Value basis
About US$1.8bn
Segment
Data centres

Parties

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For counsel on a deal like this

M&A, preferred equity and joint venture terms from the filed agreements, for the buyer’s, the seller’s or the sponsor’s side. Previews are open; the full text is free with InfraCompute Weekly.

Sources

  1. Digital Realty: third quarter 2018 resultsSource date: October 2018
  2. Data Center Frontier: Digital Realty acquires Brazil’s Ascenty for $1.8bnSource date: 24 September 2018

About this record

Compiled from the sources above. Investments are recorded separately from the debt register and are not counted in debt totals. Terms are as announced and may have changed since. Methodology · Send a correction.

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