Dentons and K&E have advised KKR and Global Infrastructure Partners on $15 billion acquisition of CyrusOne
Dentons, as part of a legal team led by Kirkland & Ellis, represented private equity firm KKR and fund manager Global Infrastructure Partners, on the acquisition of the data centre operator CyrusOne, Inc. This sophisticated transaction valued at approximately $15 billion, including the assumption of debt, and was closed at the end of last week (Friday 25th March).
CyrusOne is a real estate investment trust (REIT) that designs, builds and operates data centres. The company has 50 data centres across North America, South America and Europe, which serve more than 1,000 customers.
With a transaction value of $15billion, and involving assets on four continents, the multi-competency team advised the client on real estate, employment, corporate and energy law in in Europe, Latin America and Singapore.
Partner Perry Zizzi and Evan Z. Lazar, Co-Chair of Dentons Global Real Estate Group, led and coordinated the cross-border project team of more than 150 Dentons lawyers pulled together across 16 countries on four continents.
In Spain, the Real Estate and Finance teams were involved, with counsels Itxaso López (pictued left) and Luis Belart (pictured right) leading the respective teams together with associates Manuel de Cueto and Javier Andueza.