Macquarie Infrastructure Partners IV in partnership with Netrality’s management team acquired Netrality Data Centers from funds managed by Abrams Capital Management. MIP IV is a fund managed by Macquarie Infrastructure and Real Assets, a division of the Macquarie Group.
Netrality owns and operates facilities that act as data connectivity hubs in their respective markets for customers who need direct connections across multiple networks, clouds and other service providers. Netrality’s facilities also feature colocation, powered shell, and wholesale data center solutions.
Goldman Sachs & Co. LLC served as financial advisor to the MIP IV and Netrality management team partnership. White & Case LLP served as legal counsel to MIP IV. Fried, Frank, Harris, Shriver & Jacobson LLP and Kurtz & Revness PC served as legal counsel to management. Sullivan & Cromwell LLP acted as legal counsel to the seller.