Real estate private equity firm Madison International Realty has invested in the recapitalisation of Cologix, one of North America’s leading network-neutral interconnection and hyperscale edge data centre companies.
Madison’s investment is part of a total $3 billion recapitalisation led by Stonepeak, an alternative investment firm specialising in infrastructure and real assets. The total transaction represents one of the largest single asset continuation vehicles raised in digital infrastructure to date.
Cologix operates more than 40 digital edge and ScalelogixSM hyperscale edge data centres in 11 North American markets, providing colocation and connectivity solutions to over 1,600 customers. Earlier this year, Cologix completed a $1.65 billion asset-backed securitsation.
Read more: Private Equity Wire
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