Arcus Infrastructure Partners has plans to acquire SDC SpaceNet DataCenter, one of Europe's most modern data centers, from SpaceNet
SpaceNet is a full-service internet provider that has been supplying the German market for around 30 years. SDC, located in Kirchheim, Munich, owns a modern, high-specification data center that is certified to the EN50600 VK4 standard — the highest available standard.
Arcus said it is pursuing a regional edge colocation platform strategy focused on serving tier-two German cities and select adjacent European countries on an opportunistic basis. Arcus identified SDC as a target investment for its Arcus European Infrastructure Fund 3 (AEIF3) fund via a detailed market screening and outreach process and entered into bilateral discussions with SpaceNet, which culminated in the acquisition agreement. The transaction is expected to close in the first quarter 2023.
Following the acquisition, SpaceNet will continue to be a long-term custom