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Brookfield, Canadian pension fund partner for $5.5bn Compass Datacenters takeover

The transaction sees one of the last large data centre portfolios in the US changes hands. Compass had in recent years also expanded into Europe and the Middle East.

By João Marques Lima

Founder and Editor, The Tech Capital

5 Mins

June 20, 2023 | 6:28 PM BST

Brookfield, Canadian pension fund partner for $5.5bn Compass Datacenters takeover

Compass’s founder and chief executive officer Chris Crosby. Source: Compass Datacenters

The Tech Capital

Brookfield Infrastructure Partners L.P. and its institutional partners (Brookfield Infrastructure) (NYSE: BIP; TSX: BIP.UN) and existing investor Ontario Teachers’ Pension Plan have entered into a definitive agreement with RedBird Capital Partners and the Azrieli Group (TASE: AZRG) through which Brookfield Infrastructure and Ontario Teachers’ will acquire Compass Datacenters, LLC.

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João Marques Lima

Founder and Editor, The Tech Capital

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