PSP Investments partners in buy of Vantage Data Centers
Public Sector Pension Investment Board (PSP Investments) has partnered with Digital Bridge Holdings LLC and TIAA Investments to acquire Vantage Data Centers, a U.S. provider of enterprise data centre solutions. No financial terms were released; however, Reuters reported in January that Digital Bridge had agreed to buy Vantage from Silver Lake for more than US$1 billion. PSP Investments CIO Daniel Garant said the investment is attractive to the Canadian pension fund because of "Vantage's leading market position, in a sector which we believe will grow significantly in the coming years." The company is based in Santa Clara, California.
27 March 2017•6 mins read
