Yondr: Great Partnerships Expected to Fuel Hyperscale Growth
Deal News | Jul 01, 2025 | CDPQ
DigitalBridge Group and La Caisse have successfully completed the acquisition of Yondr Group from Cathexis Holdings. Yondr is a premier developer, owner, and operator of hyperscale data centers around the world. The acquisition is set to enhance the purchasing firms' capabilities in digital infrastructure investments catering to the rising demand for data processing power. New leadership has been appointed at Yondr, with Aaron Wangenheim as CEO and Sandip Mahajan as CFO. The acquisition marks a strategic move, benefitting from DigitalBridge and La Caisse's track record of collaboration in digital infrastructure projects. Both stakeholders aim to leverage Yondr's assets and expertise to accelerate growth in AI-driven and cloud computing markets. La Caisse's previous engagements with DigitalBridge, such as the Vertical Bridge investments, underline their commitment to deepening digital infrastructure collaborations. Former Yondr CEO Paul Cossell and CFO Chester Reid will be succeeded by Wangenheim and Mahajan, respectively, bringing new visions to the company's leadership.
Sectors
- Digital Infrastructure
- Private Equity
Geography
- Global – Yondr Group is a global developer and operator of hyperscale data centers, emphasizing international influence and operations.
- United States – DigitalBridge and Vertical Bridge, historical collaborators, are based in the U.S. and prior investments highlight activities concentrated in this region.
- Canada – La Caisse, a Canadian investor, underscores the importance of this geography in the transaction.
Industry
- Digital Infrastructure – This industry involves the development and operation of technology facilities like data centers. DigitalBridge and Yondr operate within this space.
- Private Equity – The acquisition by DigitalBridge, a private equity firm, is a prime example of investment activity typically undertaken within this industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Yondr Group | Target Company | Company | A global leader in developing and operating hyperscale data centers. |
| DigitalBridge Group, Inc. | Bidding Company/Buyer | Company | A digital infrastructure investment firm that led the acquisition of Yondr. |
| La Caisse (formerly CDPQ) | Bidding Company/Buyer | Company | A Canadian institutional investor partnering with DigitalBridge to acquire Yondr. |
| Cathexis Holdings, L.P. | Selling Company/Vendor | Company | The previous owner of Yondr Group. |
| Aaron Wangenheim | Chief Executive Officer | Person | Appointed CEO of Yondr, bringing extensive experience in data center leadership. |
| Sandip Mahajan | Chief Financial Officer | Person | Appointed CFO of Yondr, with a strong background in financial leadership and infrastructure investment. |