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Closing: KKR and Global Infrastructure Partners’ Acquisition of CyrusOne Now Closed

Closing: KKR and Global Infrastructure Partners’ Acquisition of CyrusOne Now Closed

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On March 30, 2022, Dentons announced that KKR and Global Infrastructure Partners’ acquisition of CyrusOne (reported by CEE Legal Matters on November 22, 2021) has now closed.

KKR is a private equity firm and Global Infrastructure Partners is a fund manager. CyrusOne is a real estate investment trust that designs, builds, and operates data centers. The company has 50 data centers across North America, South America, and Europe, which serve more than 1,000 customers.

As previously reported, Dentons, working alongside Kirkland & Ellis, has advised KKR and Global Infrastructure Partners on their acquisition of CyrusOne. Reportedly, Paul, Weiss, Rifkind, Wharton & Garrison also advised GIP, while Cravath Swaine & Moore, Venable, and Eversheds Sutherland advised CyrusOne.

According to Dentons, the all-cash transaction was valued at approximately USD 15 billion.

“We are delighted that Dentons’ cross-practice teams across four continents could support global powerhouses KKR and Global Infrastructure Partners to complete this strategic acquisition and financing in a cutting edge industry such as data centers,” Romania Managing Partner Perry Zizzi commented.

Dentons’ international team included Zizzi, Prague-based Global Vice Chair Evan Lazar, Bucharest-based Counsel Doru Postelnicu, and further team members in Brazil, Chile, Colombia, France, Germany, Ireland, Mexico, the Netherlands, Singapore, Spain, and the UK.

Eversheds Sutherland at a Glance

Eversheds Sutherland with offices in Bratislava and Prague and as part of an international network, provides comprehensive legal advice also in foreign jurisdictions.

Our team consists of a total of more than 40 lawyers in the Czech Republic and Slovakia, most of whom have previously worked at major international and local law firms and have extensive experience in particular in the areas of corporate law, including mergers and acquisitions, capital markets, real estate, employment law, competition law, litigation and arbitration, energy, infrastructure, as well as environmental and ESG law.

Our advisory services are offered in Slovak, German, Czech and English language. Members of our team include attorneys registered with the Austrian Bar Association. On this basis, and because we are part of Eversheds Sutherland, we are also able to offer extensive legal support on various foreign legal issues.

We listen to our clients, we understand their business and we also understand what they need. So we can always find the best solution for the particular situation. We work quickly, efficiently and take responsibility for our work.

Firm's website.