- DigitalBridge (DBRG, Financial) and La Caisse successfully acquire Yondr Group, enhancing digital infrastructure capabilities.
- Aaron Wangenheim appointed CEO, Sandip Mahajan appointed CFO amid strategic leadership changes.
- Yondr poised for growth in hyperscale and AI-driven data center solutions with over 420MW committed capacity.
DigitalBridge Group, Inc. (DBRG) and La Caisse have completed their acquisition of Yondr Group, a leader in hyperscale data centers, from Cathexis Holdings, L.P. This strategic move aims to bolster the companies' foothold in digital infrastructure and enhance Yondr's capacity to meet increasing global demand.
With this acquisition finalized, Aaron Wangenheim has been appointed as the new Chief Executive Officer, bringing over 20 years of leadership in data center operations. Sandip Mahajan steps in as Chief Financial Officer with extensive experience in infrastructure finance, succeeding prior executives as Yondr enters its next phase of growth.
Yondr, known for its robust data center solutions, currently has more than 420MW of capacity committed to hyperscalers, with a vision of expanding to over 1GW. This expansion is driven by the surging needs of AI and cloud computing, ensuring Yondr remains a key player in digital transformation.
This acquisition reflects a strong collaboration history between DigitalBridge and La Caisse, including notable past investments like the 30% stake in Vertical Bridge and a significant tower transaction with Verizon. Both parties express confidence in Yondr's potential to scale and innovate under new management.
