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Transactions - AUGUST 25, 2020

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Quaero Capital acquires European data center operator

by Kali Persall

Quaero Capital has acquired Digitalas Ekonomikas Attistibas Centrs (DEAC) on behalf of its €500 million ($358 million) infrastructure fund Quaero European Infrastructure Fund II, according to several news reports.

DEAC is one of the largest independent data center operators in Northern Europe. Quaero acquired 100 percent of the shares of the company from DEAC’s Latvian owners for an undisclosed price, according to The Baltic Course.

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