Vantage Data Centers: Vantage closes $9.2bn equity raise

Jun 14, 2024 | Posted by Abdul-Rahman Oladimeji

Vantage Data Centers revealed this week that it had completed a $9.2 billion equity investment led by investment vehicles managed by DigitalBridge and Silver Lake.

“It’s exciting to experience such strong investor demand to fuel our unprecedented growth across North America and EMEA,” said Sureel Choksi, president and CEO of Vantage. “The confidence that DigitalBridge, Silver Lake, and other investors have in Vantage and our ability to execute, as evidenced by an investment round that was significantly oversubscribed, is a testament to our team’s track record of delivering for our customers. This new funding from the world’s leading digital infrastructure and technology investors, along with numerous co-investors, is a game changer that uniquely positions Vantage to capitalize on the incredible AI and cloud opportunity in front of us.”

“DigitalBridge is excited to continue its support of Vantage, a proven infrastructure partner for the world’s top cloud and technology platforms,” added Jon Mauck, senior managing director at DigitalBridge, who leads the company’s data center investment strategy. “This investment allows Vantage to further accelerate the development of next-generation infrastructure to support the continued adoption of cloud and AI technologies.”