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TMT
Germany
August 2016
February 2023
STAR III
Realised
In August 2016, STAR acquired a majority stake in Globalways AG, a Stuttgart-based IT services and infrastructure business. In 2017 the company was re-branded as Datacentre One (“DC1”) to emphasize its strategic focus.
At the time of acquisition, DC1 had two datacentres in operation and one under development, secured by anchor tenants. STAR, in partnership with management, have committed further capital to grow the business with the build-out of further data centres across Germany. The company will target the major German cities, providing modern, highly secure and energy-efficient facilities. An innovative modular-build approach allows facilities to be designed, delivered and extended much quicker than traditional large data centres.
In February 2023, STAR sold its stake in DC1 to AtlasEdge.
15th Floor, 33 Cavendish Square
London W1G 0PW
United Kingdom
Tel: +44 (0)20 7016 8500
e-mail: mail@star-capital.com
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