atNorth
Liberty advises the management team of atNorth on its acquisition by Partners Group.
atNorth is a leading data centre business in the Nordics, with its data centres supplied entirely by renewable power, utilising local climate conditions and heat recovery systems to provide extremely power efficient facilities.
atNorth serves around 100 clients across its High Performance Compute (HPC), Enterprise, and Blockchain customer segments, including local and international blue-chip companies.
Accelerating digitization, rising levels of IT outsourcing, new remote working trends, and continued innovation of cloud-based applications have increased demand for data processing capacity and highlighted the essential nature of data centres.
Partners Group's vision is to transform atNorth into a leading pan-Nordic provider of sustainable and efficient data centre solutions. The firm will work with management on a transformational value creation plan that will include constructing new sites, growing the contract portfolio, building a connectivity ecosystem, and institutionalizing internal processes.
Liberty advised the management team, led by Eyjólfur Magnús Kristinsson and Eva Sóley Guðbjörnsdóttir.
We are so grateful to Tim, Jeff and the Liberty team for their brilliant support and advice throughout the transaction. We could not have done it without them. We believe Partners Group is the perfect fit to start the next phase of our journey, given the firm’s extensive experience in digital infrastructure, operational expertise, and financial resources.
Eyjólfur Magnús Kristinsson
CEO of atNorth
We were delighted to support Magnús and Eva and the rest of the atNorth team on this important transaction. We strongly believe that Partners Group will be an excellent partner for them as they build out their business across the Nordic region.
Tim Thomas
Partner
+44 (0) 7966 479556
tim.thomas@libertycf.co.uk