23
Fri, Feb
62 New Articles

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

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

News
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

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.

Our Latest Issue