Macquarie Group looks to buy stake in Netrality Data Centers
Infrastructure - SEPTEMBER 3, 2019

Macquarie Group looks to buy stake in Netrality Data Centers

by Kali Persall

An infrastructure-focused affiliate of Macquarie Group is in advanced talks about purchasing a majority stake in telecommunications service provider Netrality Data Centers, according to Bloomberg.

People with knowledge of the matter said a deal could be struck in the coming weeks, but it is also possible that no agreement will be reached.

The size of the potential transaction was also not disclosed.

Founded in 2015, Netrality Data Centers operates data centers in Chicago, Houston, Kansas City, Philadelphia and St. Louis. It provides colocation, powered shell and wholesale data center solutions driven by fiber-dense, network-rich interconnection environments.

The company acquires strategic network interconnection data centers and develops “Meet Me Rooms” within those properties in an effort to offer high quality and low costs to direct network interconnections in the market, according to the company website.

In August, Macquarie purchased KCOM, one of the longest-established telecommunications companies in the United States, for £627 million ($761 million).

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