CPP Investments and Equinix Acquire atNorth for US$4 Billion
February 27, 2026
Canada Pension Plan Investment Board (CPP Investments) and Equinix have entered into a joint agreement to acquire atNorth, a Nordic high-density colocation and built-to-suit data center provider, from Partners Group. The deal values atNorth at about US$4 billion enterprise value, with CPP Investments investing about US$1.6 billion for a controlling ~60% stake and Equinix owning about ~40%, subject to customary closing conditions and regulatory approvals.
- Buyers
- Canada Pension Plan Investment Board (CPP Investments), Equinix, Inc.
- Targets
- atNorth
- Sellers
- Partners Group
- Industry
- Infrastructure
- Location
- Iceland
- Transaction Type
- Buyout
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