Dec. 5 at 6:45 PM
KKR has agreed to invest in Compass Datacenters, the Brookfield-backed digital infrastructure operator, as private equity firms race to capture growth tied to artificial intelligence. Compass confirmed a definitive deal for KKR to invest in part of its existing data centers and future assets, a transaction Bloomberg reports could be worth several billion dollars. The company had been exploring selling stakes in mature facilities to support expansion, reflecting rising valuations for AI-related infrastructure. Compass operates sites in major U.S. markets including Chicago, Dallas, Phoenix and Northern Virginia, as well as Milan and Tel Aviv. Brookfield and Ontario Teachers acquired the Dallas-based company in 2023 for
$5.5 billion including debt.
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