4 April 2022
McCann FitzGerald LLP Advises KKR and Global Infrastructure Partners on the Irish Aspects of their Acquisition of CyrusOne
We are very pleased to have worked with Kirkland & Ellis in advising KKR and Global Infrastructure Partners, on the Irish law aspects of their $15 billion take-private acquisition of CyrusOne, the biggest data centre acquisition in history.
CyrusOne is one of the premier data centre REITs in the world, specialising in highly reliable enterprise-class data centre properties. The transaction, which completed on 25 March 2022, involves KKR and GIP acquiring all outstanding shares of common stock of CyrusOne in an all-cash transaction valued at approximately $15 billion, including the assumption of debt. The investment by KKR and GIP will assist CyrusOne with rapidly expanding its footprint across key global digital gateway markets.
The McCann FitzGerald LLP team was led by Niall Best along with Ciara O’Herlihy, Rachel O’Neill and Ciaran Sweeney.