Acquiring Company
Canada Pension Plan Investment Board
Acquired Company
atNorth
HafnarfjordurFinancial ServicesInformation TechnologyData CenterDescription
CPP Investments and Equinix have entered a joint agreement to acquire atNorth for US$4 billion. This transaction aims to enhance atNorth's capabilities in meeting rising demand for data centers in the Nordics. CPP will hold a 60% controlling interest, while Equinix will own around 40%. The acquisition is expected to support atNorth’s expansion plans and capitalize on significant market opportunities.
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Based on deal dataFrequently asked
Who acquired atNorth?
atNorth was acquired by Canada Pension Plan Investment Board. The deal was reported on February 27, 2026. A Canadian investment management organization that invests in various asset classes. It focuses on providing financial services and solutions to the Canadian pension plan. Canada Pension Plan Investment Board is privately held and operates in Financial Services.
When did Canada Pension Plan Investment Board acquire atNorth?
Canada Pension Plan Investment Board's acquisition of atNorth was reported on February 27, 2026. CPP Investments and Equinix have entered a joint agreement to acquire atNorth for US$4 billion. This transaction aims to enhance atNorth's capabilities in meeting rising demand for data centers in the Nordics. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does atNorth do?
atNorth is a leading Pan-Nordic data center services company that offers sustainable, cost-effective, scalable colocation and high-performance computing services across Iceland, Sweden and Finland. It is privately held, operating in Information Technology, and is based in Hafnarfjordur.
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