Simpson Thacher has represented funds managed by DigitalBridge Group, Inc. (“DigitalBridge”) on the acquisition by Allianz Capital Partners GmbH, on behalf of the Allianz insurance companies and the Allianz European Infrastructure Fund II, of a minority stake in data center platform Yondr Group, a global developer, owner and operator of hyperscale data centres. AllianzGI has entered into a strategic partnership investing with DigitalBridge in Yondr, alongside La Caisse (formerly CDPQ).
Yondr operates across an international footprint with data center campuses in key markets such as Germany, the Netherlands, the UK, the U.S. and Canada. With over 420MW of capacity committed to hyperscalers and a landbank capable of supporting more than 1GW of future capacity, Yondr is a key player in the data center sector.
The Simpson Thacher team included Gabriel Silva, Samyel Lee and Carolina Vieira (Mergers and Acquisitions); Parker Kelsey, Nick Brown and Katie Lunt (Investment Funds); David Rubinsky and Courtney Thomson (Executive Compensation and Employee Benefits); and Andrew Purcell and Brian Mendick (Tax).