Global alternative asset manager DigitalBridge Group has announced the acquisition of Yondr Group, a renowned digital infrastructure provider. The acquisition is part of DigitalBridge’s strategic investment to accelerate global hyperscale data centre growth to meet the Artificial Intelligence (AI) driven surge in demand. The acquisition has been enabled via one of its managed investment funds – DigitalBridge Fund.
In the press release, the US headquartered DigitalBridge acknowledged Yondr as an established key player in the digital infrastructure sector, and expressed confidence in its ability to meet the rapidly growing demand for advanced data processing capabilities.
Jon Mauck, Senior Managing Director at DigitalBridge said, “Yondr enhances our existing data centre portfolio and strengthens our ability to support hyperscalers. Together, we are well positioned to capitalise on the increasing demand for hyperscale data centres – field by AI, cloud computing, and the ongoing digital transformation across industries.”
With more than 420 MW of capacity committed to hyperscalers, and significant additional land to support a total potential capacity of over one gigawatt, Yondr also scores high on scalability.
Yondr will also be able to serve its clients more effectively while accelerating global expansion efforts. It will continue to operate as an independent company within DigitalBridge’s portfolio after acquisition. The deal is expected to be completed in early 2025, subjected to customary closing conditions.
