CyrusOne has announced the completion of its acquisition by funds managed by KKR and Global Infrastructure Partners (GIP).
The companies paid in an all-cash transaction valued at approximately US$15 billion, including the assumption of debt. CyrusOne is mainly involved in delivering state-of-the-art data center solutions around the globe.
Morgan Stanley & Co. LLC and DH Capital, LLC acted as ﬁnancial advisors to CyrusOne, and Cravath, Swaine & Moore LLP, Venable LLP and Eversheds Sutherland (International) LLP acted as its legal counsel.
Goldman Sachs & Co., Barclays, Wells Fargo Securities, LLC, Citigroup and J.P. Morgan acted as financial advisors to KKR and GIP. Kirkland & Ellis LLP and Dentons (UK & Europe) acted as legal counsel to the acquiring consortium and KKR, and Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal counsel to GIP.