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WHTop → 📋 News → DigitalBridge Acquires Yondr Group for Undisclosed Sum
Oct, 2024 : DigitalBridge Acquires Yondr Group for Undisclosed Sum
📅 - Global alternative asset manager DigitalBridge Group (NYSE: DBRG), specializing in digital infrastructure, has announced its acquisition of Yondr Group, a large global developer and operator ofhyperscale data centersknown for its emphasis on sustainable infrastructure.
The acquisition will be made through one of DigitalBridge's managed investment funds, with the deal anticipated to finalize in early 2025, pending customary closing requirements. This acquisition marks a strategic expansion in DigitalBridge's investment portfolio, enhancing its positioning in the hyperscale data center market as demand for robust digital infrastructure continues to surge globally. Financial terms of the [...][... Check source for end of article ...]
Tags: Data Center
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