CPP Investments and Equinix to Acquire atNorth in $4 Billion Deal
February 27, 2026
CPP Investments (Canada Pension Plan Investment Board) and Equinix have entered into a joint agreement to acquire Nordic data center operator atNorth from Partners Group in a transaction valued at about $4 billion enterprise value. CPP Investments will invest roughly $1.6 billion for a 60% controlling stake, while Equinix will hold about 40%; closing is subject to customary regulatory approvals and conditions.
- Buyers
- CPP Investments, Equinix
- Targets
- atNorth
- Sellers
- Partners Group
- Industry
- Infrastructure
- Location
- Iceland
- Transaction Type
- Buyout
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