DigitalBridge signed an agreement to acquire Yondr Group, a global hyperscale data center developer and operator, through one of its managed investment funds. This acquisition expands DigitalBridge’s existing data center portfolio, positioning it to better serve the surging demand for hyperscale facilities driven by cloud computing, artificial intelligence (AI), and digital transformation across industries. Yondr, with a capacity exceeding 420 MW dedicated to hyperscalers and the potential to scale to 1 GW, brings sustainable data center infrastructure solutions that cater to technology giants.
With this acquisition, Yondr will continue to operate independently under the DigitalBridge umbrella, benefiting from the company’s expertise and resources to drive global expansion and enhance service delivery. This acquisition is slated for completion in early 2025, pending regulatory approval and other closing conditions. Financial advisors for Yondr included Citi, while legal counsel included White & Case LLP; DigitalBridge’s advisors included Linklaters for legal matters and Deloitte for financial and tax due diligence.
- Yondr has over 420 MW capacity committed to hyperscale clients.
- DigitalBridge will support Yondr’s growth with expertise in digital infrastructure.
- Target deal completion: early 2025, subject to approvals.
- Financial and technical support provided by Citi, White & Case LLP, Linklaters, and Ramboll.
- Partnership focuses on AI, cloud, and data center sustainability.
“Yondr’s assets and strong relationships with leading hyperscale clients align with DigitalBridge’s vision to support the future of digital infrastructure,” stated Jon Mauck, Senior Managing Director at DigitalBridge.