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TIAA buys Vantage Data Centers

 

Vantage Data Centers has been acquired by a consortium made up of Digital Bridge Holdings, LLC, a leading global communications infrastructure company, Public Sector Pension Investment Board (PSP Investments), and TIAA Investments (an affiliate of Nuveen), which made the investment on behalf of TIAA's general account. 

 

Financial terms of the private purchase from Silver Lake were not disclosed.

 

Founded in 2010 in the heart of Silicon Valley, Vantage's customer base includes the world's leading cloud service providers and large enterprises.  With four data centers on the flagship Santa Clara campus, two more under construction, and a second large-scale campus under development, Vantage has the largest wholesale data center footprint in Silicon Valley. 

 

The company has built 51 megawatts of IT load in Santa Clara and has secured expansion capacity totaling 93 megawatts of IT load. 

 

The company also owns and operates a data center campus in Quincy, Washington, including a 6 megawatt data center and additional expansion land and power in that market.  Vantage is well positioned for continued growth in the industry, with plans to significantly expand its data center footprint in existing and new markets.

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