Best practices for digital infrastructure businesses impacted by SVB's collapse
The sudden and unexpected closure of Silicon Valley Bank (SVB), which managed US$212 billion in assets, has sent shockwaves through the financial community hav...
New Zealand’s alternative asset manager HRL Morrison & Co. is said to be mulling the acquisition of UK hosting operator Ark Data Centres. The report comes after months of market rumours surrounding Ark’s exit strategy. A potential sale could fetch as much as £2.5 billion, or US$3 bil...
March 11
Digital infrastructure advisory platform UPSTACK has acquired The Monaco Group (TMG), an independent enterprise technology advisory firm based in Boca Raton, Florida. Terms of the transaction were not disclosed. As part of UPSTACK's investment, TMG's Founder and CEO Joe Monaco will join UPSTACK as Partner and Managing Director. UPSTACK Founder and CEO Christopher Trap...
March 08
Western European bandwidth infrastructure company euNetworks Group Limited has agreed to acquire the dark fibre business branch of a Belgian utility company ("the Business Branch"). Built in the late 1990s, the Business Branch comprises a duct-based network with 1,660 km of fibre spread across unique routes in Brussels and long-haul routes throughout Belgium. It is also ...
March 08
Radius Global Infrastructure, Inc. (NASDAQ: RADI), EQT, and Public Sector Pension Investment Board (“PSP”) have entered into a definitive agreement under which EQT Active Core Infrastructure and PSP will indirectly acquire Radius for US$15.00 per share in cash, representing a total enterprise value of approximately US$3.0 billion. Pennsylvania-headquartered Radius, whic...
March 02
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