StratCap Data Centers: HMC Capital acquires StratCap

Feb 20, 2024 | Posted by Abdul-Rahman Oladimeji


Australian investment firm HMC Capital announced this week that it has acquired 100 percent of North American digital infrastructure investor StratCap from private investors for $28.5 million. This deal will be completed once the full form legal agreements are met including  obtaining regulatory approvals, and fulfilling customary acquisition conditions.

“HMC today announced a new divisional structure which reflects our continued evolution into a much more diversified business following the establishment of three major new platforms in energy transition, capital solutions, and digital infrastructure,” said HMC managing director and CEO, David Di Pilla.

“Importantly, these initiatives are consistent with our stated strategy to build a large-scale and increasingly global funds management platform. We are incredibly excited about the growth potential we are now embedding into our platform. We are confident that this platform can grow FUM well beyond $20bn over the next few years.”