Ropes & Gray Advises Partners Group on Infrastructure Investment in Estruxture Data Centers, the Largest Canadian Data Center Platform

In The News
June 28, 2024

Ropes & Gray has advised Partners Group, one of the largest firms in the global private markets industry, acting on behalf of its clients, on its investment in eStruxture Data Centers, the largest Canadian data center platform.

As part of the CAD 1.8 billion transaction, Partners Group will acquire a stake alongside an increased investment from existing sponsor Fengate Asset Management. The investment will be made through its Infrastructure Partnership Investments platform, which covers secondaries, co-investments, and minority participations globally.

eStruxture is a premier data center operator with 15 state-of-the-art facilities across all major markets in Canada, including Montreal, Toronto, Calgary, and Vancouver. The Company serves a diverse customer base spanning cloud services, AI, media and entertainment, financial services, and enterprise.

The Ropes & Gray team was led by London asset management partners Tom Alabaster and Chris Townsend and included associates Kayla Fourie and Dario Valoncini and trainee George Longworth. Other members of the team included London tax partner Andrew Howard and associate Sophie Waters, and counsel Steven Kaye and associate Michael Gauvin on certain deal-related insurance matters.