Verne Global: Ardian completes Verne acquisition
Mar 16, 2024 | Posted by Abdul-Rahman Oladimeji
Investment firm Ardian this week said it had completed the acquisition of European data center firm Verne from UK infrastructure firm Digital 9 Infrastructure plc (D9). The company will support the expansion of Verne with up to $1.2bn committed investment through equity and debt to “deliver an ambitious growth plan” for Northern Europe.
“With this new investment, the infrastructure team continues to demonstrate its capacity to seize unique and value accretive opportunities in the European market to deploy our new flagship infrastructure fund,” said Juan Angoitia and Benoit Gaillochet, co-heads of infrastructure Europe, Ardian.
Dominic Ward, Verne CEO, added: “This is an exciting day for Verne as we become part of the Ardian platform. We have ambitious plans to continue growing the company and delivering sustainable data center solutions. We want to enable organizations to cost-effectively scale their digital infrastructure while reducing their environmental impact. We are hugely excited to be working with Ardian to help power our future.”