
CenterSquare to Realize Investment as Aligned Data Centers Acquired in $40B Deal
CenterSquare Investment Management announced that its equity stake in Aligned Data Centers will be acquired as part of a landmark transaction in which a consortium led by Artificial Intelligence Infrastructure Partnership (AIP), MGX Fund Management Limited (MGX), and Global Infrastructure Management, LLC, a division of BlackRock, will purchase 100% of Aligned’s equity. The deal values the hyperscale data center platform at $40 billion, marking the largest data center transaction completed to date.
CenterSquare originally invested in Aligned alongside Macquarie Asset Management, whose managed funds held a majority ownership position in the company prior to the sale.
“This acquisition — as the largest data center transaction to date — marks a great success for CenterSquare and our investors,” said Chad Burkhardt, Managing Director and Head of Strategic Capital at CenterSquare. “We are thrilled not only to deliver these results to our investors, but also to do so in less than half the timeframe of our original underwriting.”
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