Northern looks to invest $160 mln in Canada's wholesale data centres
Northern Investment Partners, a Montréal private equity firm focused on real estate technology, has partnered with M Capital Group (MCG) to invest in Canada's wholesale data centre sector. The partnership plans to invest up to $160 million to pursue a strategy that will provide facilities for AA and AAA tenants to house their IT infrastructure. Northern Chairman Roger Karam said Canada is poised to capture an increasing share of the global data centre industry, which is currently valued at more than US$14 billion. Dubai-based MCG is a merchant banking firm.
24 January 2017•3 mins read
