M&A Deal Summary

Digital 9 Infrastructure Acquires Verne

On September 6, 2021, Digital 9 Infrastructure acquired information technology company Verne for 231M GBP

Acquisition Highlights
  • This is Digital 9 Infrastructure’s 1st transaction in the Information Technology sector.
  • This is Digital 9 Infrastructure’s 0th largest (disclosed) transaction.
  • This is Digital 9 Infrastructure’s 1st transaction in Iceland.
Investment Fate
  • Verne was divested to a consortium of buyers in 2023.

M&A Deal Summary

Date 2021-09-06
Target Verne
Sector Information Technology
Buyer(s) Digital 9 Infrastructure
Deal Type Add-on Acquisition
Deal Value 231M GBP

Target

Verne

Reykjanesbaer, Iceland
Verne delivers data center solutions for high-intensity computing, engineered for optimal high-performance compute and built upon 100% renewable energy. The company's clean grid and stable climate cuts costs and energy usage, and our expert team provides on-site, around-the-clock support to maximize performance and flexibility for customer workloads. Its Icelandic data center campus powers some of the world's most innovative and demanding industries, including financial services, earth sciences, life sciences, engineering, scientific research, and AI. Verne was founded in 2012 and is based in Reykjanesbaer, Iceland.

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Buyer(S) 1

Buyer

Digital 9 Infrastructure

London, United Kingdom

Category Company
Sector Business Services
Revenue 94M GBP (2022)
DESCRIPTION

Digital 9 Infrastructure is a managed closed-ended investment company. The Company will invest in a range of digital infrastructure assets which deliver a reliable, functioning internet, investing in future-proofed, non-legacy, scalable platforms and technologies including (but not limited to) subsea fibre, data centres, terrestrial fibre, tower infrastructure and small cell networks (including 5G). It will focus, primarily, on digital infrastructure investments which are operational and with contracts in place with customers or counterparties where appropriate. Digital 9 Infrastructure is based in London, England.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Iceland M&A 1 of 1
Year: 2021 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-27 Verne

Reykjanesbaer, Iceland

Verne delivers data center solutions for high-intensity computing, engineered for optimal high-performance compute and built upon 100% renewable energy. The company's clean grid and stable climate cuts costs and energy usage, and our expert team provides on-site, around-the-clock support to maximize performance and flexibility for customer workloads. Its Icelandic data center campus powers some of the world's most innovative and demanding industries, including financial services, earth sciences, life sciences, engineering, scientific research, and AI. Verne was founded in 2012 and is based in Reykjanesbaer, Iceland.

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