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Partners Group Holding AG ( (CH:PGHN) ) just unveiled an announcement.
Partners Group has agreed to sell atNorth, a pan-Nordic data center platform, to CPP Investments and Equinix in a deal valuing the company at an enterprise value of USD 4 billion. During Partners Group’s ownership since 2022, atNorth expanded to eight operational data centers across five Nordic countries, secured 1 GW of power for further growth, and grew contracted EBITDA 14-fold, generating more than 30% annual returns and a 2.5x money multiple for Partners Group’s clients.
The transaction underscores the continuing investor appetite for scale-driven data center platforms amid surging AI-related computing demand, with atNorth positioned as a “globally significant AI powerhouse” serving over 100 international customers. While exiting control, Partners Group will reinvest for up to a 10% stake, aligning with its ongoing thematic focus on digital infrastructure, as it continues to build and recycle capital across a USD 5 billion global data center portfolio that includes platforms in the US, Australia, and Asia-Pacific.
The most recent analyst rating on (CH:PGHN) stock is a Hold with a CHF1151.00 price target. To see the full list of analyst forecasts on Partners Group Holding AG stock, see the CH:PGHN Stock Forecast page.
More about Partners Group Holding AG
Partners Group Holding AG is one of the largest firms in the global private markets industry, managing over USD 185 billion in assets across private equity, private credit, infrastructure, real estate, royalties, and special opportunities. Headquartered in Switzerland with a significant presence in Colorado, the firm emphasizes an operationally oriented, thematic investment approach and manages USD 36 billion specifically in infrastructure assets worldwide.
Average Trading Volume: 84,983
Technical Sentiment Signal: Sell
Current Market Cap: CHF22.09B
See more insights into PGHN stock on TipRanks’ Stock Analysis page.