InfraRed Capital Partners Acquires Data Centre Business from Rogers Communications
Deal News | Aug 14, 2025 | PR Newswire Cision InfraRed Capital Partners Limited
InfraRed Capital Partners, a prominent international asset manager under Sun Life, has signed a definitive agreement to acquire Rogers Communications' data centre business, encompassing nine Tier 2 and 3 facilities in major Canadian cities. With up to 49 MW of capacity and a robust portfolio of colocation, cloud, and managed services, the business is strategically positioned to capitalize on Canada's growing digital infrastructure needs. The acquisition aligns with InfraRed's value-add strategy to invest in high-potential companies, leveraging their strength in early-stage project development and long-term growth initiatives. Pilar Banegas, Partner at InfraRed, highlighted the synergy between InfraRed's expertise and this acquisition's promising prospects. The transaction is set to conclude by the year's end, pending regulatory approval.
Sectors
- Digital Infrastructure
- Private Equity & Investment Management
- Telecommunications
Geography
- Canada – The data centre business being acquired is located across various Canadian cities, highlighting the geographic focus on Canada.
- Global – InfraRed Capital Partners operates on a global scale with offices in several countries, reflecting its international business operations.
Industry
- Digital Infrastructure – The article discusses the acquisition of data centres, integral to the digital infrastructure sector, as they support IT operations and storage.
- Private Equity & Investment Management – InfraRed Capital Partners is employing its investment management capabilities in a strategic acquisition, showcasing its role in the investment sector.
- Telecommunications – Rogers Communications, a telecom company, is selling its data centre division, linking the article to the telecommunications industry.
Financials
- US$13bn – InfraRed manages US$13 billion in equity capital globally.
- USD 13.186 million – InfraRed's equity under management using a 5-year average FX as of December 31, 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| InfraRed Capital Partners | Bidding Company | Company | An international infrastructure asset manager, part of Sun Life, acquiring Rogers' data centre business. |
| Rogers Communications | Selling Company | Company | A major telecommunications company in Canada selling its data centre business to InfraRed. |
| Sun Life | Parent Company | Company | InfraRed Capital Partners is a part of SLC Management, Sun Life’s asset management arm. |
| Pilar Banegas | Partner at InfraRed | Person | Pilar Banegas is a Partner at InfraRed Capital Partners commenting on the strategic importance of the acquisition. |