Sixth Street Acquires Minority Stake in EdgeConneX from EQT Infrastructure
September 24, 2024
Funds managed by Sixth Street will acquire a minority stake in EdgeConneX from EQT Infrastructure (EQT Infrastructure IV and V), with EQT remaining the largest shareholder. The strategic investment will provide capital and sector expertise to help EdgeConneX accelerate delivery of energy-efficient data center capacity optimized for AI and large-scale cloud deployments; the transaction is expected to close in Q4 2024.
- Buyers
- Funds managed by Sixth Street
- Targets
- EdgeConneX
- Sellers
- EQT Infrastructure IV, EQT Infrastructure V
- Industry
- Infrastructure
- Location
- Virginia, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
EQT Infrastructure V to Co-Invest in EdgeConneX
August 19, 2021
Infrastructure
EQT Infrastructure V will co-invest alongside EQT Infrastructure IV to take equal ownership stakes in data center operator EdgeConneX. The co-investment is intended to support EdgeConneX’s growth plan — including expanding its footprint in key markets, winning additional customer contracts, and pursuing accretive M&A — with the transaction expected to close in Q3 2021.
-
EQT Infrastructure Acquires EdgeConneX from Providence Equity Partners
August 19, 2020
Infrastructure
EQT Infrastructure (EQT Infrastructure IV) has agreed to acquire EdgeConneX, a global data center provider operating over 40 facilities across 33 markets, from an investor group led by Providence Equity Partners. The transaction is intended to support accelerated growth, new market entry and material expansions of EdgeConneX's existing locations; it was announced Aug. 19, 2020 and expected to close in Q4 2020.
-
Northwestern Mutual Acquires Minority Stake in Sixth Street
January 7, 2025
Financial Services
Northwestern Mutual has entered a strategic partnership with Sixth Street in which Northwestern Mutual will acquire a minority equity interest in Sixth Street and commit to have Sixth Street manage $13 billion of assets, with potential to scale. The agreement expands Northwestern Mutual's access to private and opportunistic investments while providing Sixth Street with a strategic institutional investor relationship.
-
Sixth Street Acquires 49% Stake in Enipower from Eni
March 14, 2022
Energy
Sixth Street has agreed to acquire a 49% stake in Enipower from Eni, forming a long-term partnership while Eni retains operational control and financial consolidation. The transaction provides Eni with capital to support its energy transition strategy and gives Sixth Street an institutional infrastructure stake in Italy's electricity production.
-
Macquarie Asset Management Acquires Minority Stake in EDGE
February 3, 2022
Real Estate
Macquarie Asset Management (on behalf of one of its managed funds) agreed to acquire a significant minority stake in Amsterdam-based sustainable real estate developer EDGE. The strategic partnership will support EDGE's expansion of sustainable, tech-enabled office developments across existing and new markets and help scale its platform and development pipeline.
-
Sixth Street Acquires Minority Stake in San Francisco Giants
March 18, 2025
Media & Entertainment
The San Francisco Giants announced a strategic partnership in which global investment firm Sixth Street has made a significant minority equity investment—reported at approximately a 10% stake—into the franchise. The capital will support investments in the team and Oracle Park experience, while advisors to the deal included Raine Group and PJT Partners for the Giants and Sixth Street, respectively.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.