Yondr Group Acquired by DigitalBridge and La Caisse
Deal News | Jul 01, 2025 | DigitalBridge Group, Inc.
DigitalBridge Group, Inc. and La Caisse have successfully completed the acquisition of Yondr Group from Cathexis Holdings, L.P. The acquisition of Yondr, a leading developer and operator of hyperscale data centers, is set to accelerate its expansion in key markets amid surging demand for hyperscale and AI-driven data center solutions. The acquisition marked the continuation of a long-standing partnership between DigitalBridge and La Caisse in the digital infrastructure sector. Concurrently, Yondr has announced new leadership appointments with Aaron Wangenheim as CEO and Sandip Mahajan as CFO to steer the company into its next growth phase. These changes come as Yondr aims to leverage its over 420MW of committed capacity to meet advanced data processing capabilities fostered by global digital transformations. Collectively managing CAD 473 billion in net assets, La Caisse invests under a dual mandate: generate returns and contribute to Quebec’s economic development. DigitalBridge, managing $100 billion of infrastructure assets, further strengthens its esteemed data center portfolio through this acquisition.
Sectors
- Digital Infrastructure
- Private Equity
Geography
- United States – DigitalBridge is based in the United States and has a vast portfolio including data centers in the US.
- Canada – La Caisse, based in Quebec, Canada, is a key participant in the acquisition, aligning with its strategic investment goals in digital infrastructure.
Industry
- Digital Infrastructure – The infrastructure supporting digital services, including data centers, is a primary focus of the acquisition, highlighting growth in hyperscale data centers.
- Private Equity – DigitalBridge and La Caisse's involvement underscores their significant role in funding and managing large infrastructure assets.
Financials
- 473 billion CAD – Net assets under management by La Caisse as of December 31, 2024.
- 420MW – Current committed capacity of Yondr's data centers, signaling its substantial operational scale.
- 1GW – Potential total capacity of Yondr's planned data center expansions.
- 100 billion USD – Infrastructure assets managed by DigitalBridge on behalf of its partners and shareholders.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| DigitalBridge Group, Inc. | Acquirer | Company | A global alternative asset manager with a focus on digital infrastructure investments. |
| La Caisse | Acquirer | Company | A global investment group focused on generating optimal long-term returns and contributing to Quebec's economic development. |
| Yondr Group | Target company | Company | A global developer and operator of hyperscale data centers. |
| Cathexis Holdings, L.P. | Vendor | Company | A private investment holding company previously owning Yondr. |
| Aaron Wangenheim | Chief Executive Officer | Person | Newly appointed CEO of Yondr, having extensive experience in data center management. |
| Sandip Mahajan | Chief Financial Officer | Person | Recently appointed CFO of Yondr, with a vast experience in financial leadership. |