• Portman Partners

CyrusOne Becomes a Private Company as $15 Billion Buyout is Completed

This article was originally published by Data Center Frontier

Data center developer CyrusOne is now a private company after completing its $15 billion sale to investment firms KKR and Global Infrastructure Partners on Friday.

It is a transition with consequences for both CyrusOne and the data center industry. The new owners bring financial resources to help CyrusOne capitalize on the huge global appetite for digital infrastructure. The company also joins the growing ranks of privately-held data center platforms backed by large global investors, a trend that impacts the competitive landscape and deal structures.

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