Databank completes first phase of major recapitalization

Investor consortium led by swiss life and edf invest acquires 35% interest in databank for approximately $1.5b dallas , aug. 30, 2022 /prnewswire/ -- databank, a leading provider of enterprise-class colocation, interconnection, and managed services, today announced the closing of its initial recapitalization led by  swiss life asset management ag ("slam"), edf invest ("edf"), northleaf capital partners, ardian and cbre investment management. structured as a sale of ownership interests from existing investors for $1.5b, the new investor consortium will now own 35% of the fully-diluted equity interests in databank.
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