DigitalBridge Group and La Caisse (formerly CDPQ) have completed the acquisition of Yondr Group, a global developer, owner, and operator of hyperscale data centers, from Cathexis Holdings.
In connection with the completion of the acquisition, Aaron Wangenheim has been appointed as CEO, and Sandip Mahajan as CFO, effective immediately.
Yondr develops and operates data centers to address the complex data center capacity demands of the world’s largest technology companies. As demand for advanced data processing capabilities expands, Yondr has more than 420 megawatts of capacity committed to hyperscalers and significant additional land to support a total potential capacity of more than 1 gigawatt. The company is positioned to capitalize on the growing demand for advanced data processing capabilities driven by ongoing digital transformation, the expansion of cloud solutions, and the rise of Artificial Intelligence (AI).
“We’re thrilled to finalize our acquisiti