Merger and acquisition activity surrounding data-center facilities is starting to resemble the Oklahoma Land Rush, and private-equity firms are taking most of the action.
New research from Synergy Research Group saw more than 100 deals in 2019, a 50% growth over 2018, and private-equity companies accounted for 80% of them.
M&A activity broke the 100 transaction mark for the first time in 2019, and that comes despite a 45% decline in public company activity, such as the massive Digital Reality Trust purchase of Interxion. At the same time, the size of the deals dropped in 2019, with fewer worth $1 billion or more vs. 2018, and the average deal value fell 24% vs. 2018.
Thanks to Andy Patrizio (see source)