The Edgewater Funds Exits DataBank Investment
Edgewater Growth Capital Partners IV is pleased to announce the recent sale of its ownership interest in DataBank to Colony Capital. Headquartered in Dallas, DataBank operates nineteen data centers across nine attractive secondary markets.
Edgewater partnered with Digital Bridge Holdings to acquire DataBank and create a scalable data center platform to consolidate a fragmented market and expand organically. After making the initial acquisition in 2016, the DataBank team executed on five additional acquisitions. DataBank successfully delivered on the following strategies over the last three and a half years:
- Partnership with an experienced management team that can drive best in class operations and sales
- Complete strategic new builds and site redevelopments in existing markets
- Execute proprietary M&A opportunities
Edgewater partners with outstanding management teams to accelerate growth in their business. We are a flexible partner and can execute control and non-control investments. Please contact us at inquiry@edgewaterfunds.com for any questions or information.