Colony Capital Invests $185M in DataBank as Edgewater Exits
February 10, 2020
Colony Capital made a $185 million equity investment in DataBank and acquired Edgewater Growth Capital’s ownership stake in the Dallas-based data-center operator. The capital infusion positions DataBank to accelerate its data-center platform expansion and pursue additional organic and M&A growth opportunities.
- Buyers
- Colony Capital
- Targets
- DataBank
- Sellers
- Edgewater Growth Capital Partners IV
- Industry
- Infrastructure
- Location
- Texas, United States
- Transaction Type
- Growth capital
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