Morgan Stanley Infrastructure Partners to Acquire Majority Stake in UltraEdge from Altice France/SFR
November 21, 2023
Morgan Stanley Infrastructure Partners (MSIP) has entered into an exclusivity agreement to acquire a majority interest in UltraEdge, a portfolio of 257 distributed data centers being carved out from SFR (a subsidiary of Altice France). The deal, subject to regulatory approvals, will create the first nationwide independent edge colocation provider in France and MSIP will partner with Altice France to upgrade infrastructure and increase density to capture rising demand for ultra-low latency connectivity.
- Targets
- UltraEdge
- Sellers
- Altice France S.A., SFR S.A.
- Industry
- Infrastructure
- Location
- Île-de-France, France
- Transaction Type
- Divestiture
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