Equinix and CPP Investments Acquire atNorth for $4 Billion
February 27, 2026
Canada Pension Plan Investment Board (CPP Investments) and Equinix entered into a joint agreement to acquire atNorth, a Nordic high-density colocation and built-to-suit data center provider, from Partners Group. The transaction values atNorth at US$4 billion enterprise value and is subject to customary regulatory and closing conditions.
- Buyers
- Equinix, CPP Investments
- Targets
- atNorth
- Sellers
- Partners Group
- Industry
- Infrastructure
- Location
- Iceland
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
EQT Consortium Completes Acquisition of Nord Anglia Education
March 20, 2025
Education
A consortium led by EQT, together with Neuberger Berman Private Markets, CPP Investments, CF Alba, and Dubai Holding, completed its acquisition of Nord Anglia Education. The transaction values Nord Anglia at USD 14.5 billion and expands the company’s global shareholder base to support continued growth and innovation in premium international education.
-
Antin Infrastructure Partners to Acquire NorthC Datacenters From DWS
December 11, 2025
Data & Analytics
Antin Infrastructure Partners has agreed to acquire NorthC Datacenters, a European enterprise colocation data centre platform, from DWS and other minority shareholders. The transaction will be executed through Antin’s Flagship Fund V and is expected to close in H1 2026, subject to regulatory approvals.
-
EQT X and CPP Investments Acquire NEOGOV from Warburg Pincus and Carlyle
July 28, 2025
Software
EQT’s EQT X fund and Canada Pension Plan Investment Board (CPP Investments) have agreed to acquire NEOGOV, a provider of HR and compliance software for U.S. public-sector agencies. The deal is signed to be completed in the coming months and will bring NEOGOV’s cloud-native employee lifecycle and compliance platform to a new private ownership phase.
-
Bain Capital Acquires 80% Stake in AQ Compute
October 30, 2024
Infrastructure
Bain Capital has acquired an 80% majority stake in sustainability-focused data center developer AQ Compute from Germany-based Aquila Group, forming a partnership to accelerate the buildout of green data centers across Europe. The investment targets multi-billion euro development volumes to expand AQ Compute’s modular, AI-ready colocation capabilities for hyperscale, cloud and AI customers.
-
atNorth Acquires Gompute to Strengthen HPC Offering and Nordic Footprint
August 29, 2023
Cloud & SaaS
atNorth has acquired Gompute, a Gothenburg-based provider of high-performance computing (HPC) and data center services, adding a data center with up to 10 MW capacity to its portfolio. The deal expands atNorth's Nordic footprint and enhances its full-stack HPC and AI infrastructure capabilities to better serve CAE and compute-intensive customers.
-
CPP Investments and Global Infrastructure Partners Acquire ALLETE in $6.2 Billion Deal
December 15, 2025
Energy
CPP Investments and Global Infrastructure Partners (GIP) entered into a definitive agreement to acquire ALLETE for $67 per share in cash, valuing the transaction at $6.2 billion including assumed debt. The deal is expected to close in mid-2025 (later described as closing around Dec. 15, pending remaining conditions) and will take ALLETE private while delivering approximately $200 million in benefits to Minnesota Power customers and communities.
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.