CBRE acquires Direct Line Global

Real estate services firm CBRE this week announced the acquisition of Direct Linel, a provider of mission-critical data center infrastructure, from Guardian Capital, a private equity firm.

“This acquisition fits squarely with our strategy of enhancing our capabilities in asset classes that benefit from secular tailwinds – in this case, the increasing digitization of the global economy,” said Vikram Kohli, chief operating officer of CBRE. “Direct Line Global perfectly complements our existing data center management capabilities and provides us with best-in-class technical capabilities that differentiate our service offering.”

“During Guardian’s ownership, the company invested to scale its platform, including operations and delivery, data center services offerings, geographic market expansion, and partnership with blue-chip customers,” Scott Evans, founding partner at Guardian, added. “The company is well positioned to meet the increasing demand for data center services. I am proud of the exceptional performance of the management team and look forward to seeing the company’s future success under the ownership of CBRE.”