Macquarie in New Deal Data

Real Estate Weekly

October 09, 2019



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 (MIRA), 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.

“Netrality’s facilities represent a critical form of digital infrastructure. In addition to facilitating the operation of the public internet, the sites also allow companies to build direct private connections between networks, improving performance, reliability and security. We are very pleased to partner with Netrality’s experienced management team as we expand our portfolio of investments in communications infrastructure,” said Karl Kuchel, CEO of MIP IV.

“Partnering with MIRA’s highly experienced investment team affords Netrality the opportunity to leverage their sector and institutional relationships and provide access to significant growth capital to acquire new properties and businesses that are complementary to our current portfolio,” said Gerald Marshall, CEO of Netrality Data Centers.

Fried Frank acted as co-counsel to Amerimar, the management team of Netrality, in connection with the acquisition.