Goldman Sachs Asset Management completes investment in Brazilian data center platform

Goldman Sachs is not the only major investor getting into data centers. Private equity and large investment firms continued to grab more share of the data center market in 2021 by spending tens of billions of dollars via acqusitions, with no plans of slowing down in 2022. 

Just a few months ago, global investment firm Blackstone Infrastructure Partners acquired QTS Realty Trust, a large U.S. data center provider, for approximately $10 billion. The $10 billion price tag was, once again, one of the largest data center acquisitions in history.

Cyxtera Technologies, a global data center provider with dozens of data centers across the globe, was acquired for $3.4 billion in July by Starboard Value Acquisition, a private equity special purpose acquisition company (SPAC).

In December, investment firm Carlyle agreed to acquire regional data center provider Involta, which operates 12 data centers mostly in the central U.S. area.

One notable big investor in the data center market is global financial services giant JPMorgan, which recently unveiled it spent $2 billion on new data centers in 2021 alone. The New York City-based financial giant, which operates three data centers in the U.S., plans to invest billions more on new data centers through 2024 with the goal of accelerating its “modernization efforts” to increase operational efficiencies, according to the company.

Source: PR Newswire