W&C advises Colt Technology Services on 12 European data centres sale to AtlasEdge
White & Case LLP has advised Colt Technology Services, a multinational telecommunications company, on the carve-out and subsequent sale of 12 data centres across its Europe portfolio to AtlasEdge
AtlasEdge, a pan-European edge data centre provider and the recently formed joint venture between Liberty Global and DigitalBridge., has announced the successful acquisition of 12 data centres. The deal is with Colt DCS, a world-class provider of Hyperscale data centres across Europe & APAC.
The successful acquisition from Colt strengthens AtlasEdge’s unique portfolio of distributed data centres that are positioned to support localised or low latency applications. AtlasEdge now operates more than 100 data centres across eleven countries in Europe, supporting more than 700 customers and providing connectivity to more than 50 different on-net carriers.
AtlasEdge provides a pan-European data centre portfolio that allows customers to design and configure their technology and network infrastructure to meet the growing requirements for lower latency, higher performance and localised solutions.
This acquisition further expands AtlasEdge’s coverage and accelerates time to market in several new geographies, as well as establishing a collaboration between AtlasEdge and Colt Data Centre Services, with Colt Technology Services becoming an anchor tenant across multiple facilities.
The portfolio includes data centres in key tier one and tier two markets across Europe, including Amsterdam, Barcelona, Berlin, Brussels, Copenhagen, Hamburg, London, Madrid, Milan, Paris and Zurich.
The White & Case team which advised on the transaction was led by partner James Dodsworth (London), with support from teams from the Milan, Madrid, Brussels, Paris, Dusseldorf, Hamburg and Frankfurt offices.
The W&C Madrid office advised with partner and head of the M&A/Corporate Group in Spain Juan Manuel de Remedios (pictured left) and Global Corporate/M&A and Private Equity Group partner Carlos Daroca (pictured right).