Infrastructure funds managed by Apollo have agreed to acquire the European colocation business developed and managed by STACK Infrastructure, a portfolio company of Blue Owl Digital Infrastructure Advisors, in a carve-out transaction.
The European colocation business consists of seven data center assets in strategic, highly interconnected locations across five key European markets: Stockholm, Oslo, Copenhagen, Milan and Geneva. The assets serve the data center and connectivity needs of a diverse portfolio of blue-chip enterprise clients, including telecommunications carriers, IT and services companies, and financial institutions.
“We are strong believers in the fundamental tailwinds behind the demand for data center infrastructure,” said Adam Petrie, partner at Apollo. “In particular, we believe high-quality, interconnected colocation businesses with differentiated value propositions like the company’s offer an attractive, secular growth oppo
