DigitalBridge and La Caisse Acquire Yondr

Investment manager DigitalBridge and Canadian pension fund La Caisse have completed their acquisition of Yondr, and appointed a new CEO for the hyperscale data center company. They now have joint control of Yondr, having purchased the firm from previous owner Cathexis Holdings for an undisclosed sum.

DigitalBridge, said: “With a diverse global portfolio of campuses, Yondr further strengthens DigitalBridge’s world-class data center portfolio and reinforces our focus on being a global partner to the leading hyperscale, technology, and AI companies that are driving the digital economy.

“We look forward to working alongside Aaron and Sandip, who bring extensive leadership experience, as we support Yondr’s strategy of developing and operating scaled capacity to meet the demands of AI and cloud computing. We are also very pleased to partner again with La Caisse, who shares our partnership-oriented approach to long-term value creation.”