Stonepeak and Columbia Capital to Acquire Berlin-Based data Center Provider IPB
Berlin,Germany – [Date of Release – inferred from Q4 2024 context] - Stonepeak,a leading alternative investment firm,and Columbia Capital,a growth equity investment firm,have announced a definitive agreement to acquire IPB,a prominent data center and interconnection provider operating in Berlin,Germany. The transaction is anticipated to close in the fourth quarter of 2025. Financial terms were not disclosed.
IPB, founded in 1997 and operating under the CarrierColo brand, provides colocation and network services to over 200 customers from its interconnection data centers in Berlin. The company has established itself as a connectivity leader in the region and was a co-founder of BCIX, berlin’s largest Internet Exchange point (IXP). IPB prioritizes sustainability,powering its data centers with 100% renewable energy and utilizing waste heat re-use contracts.
Stonepeak and Columbia Capital cited IPB’s strategic position within Berlin’s growing digital ecosystem,and its potential to benefit from cloud demand overflow to Tier II markets and the increasing need for AI inferencing infrastructure,as key drivers for the acquisition.
“We believe IPB is a compelling platform with a strong foundation, well positioned to capitalize on attractive market dynamics,” stated a representative from Stonepeak. “We’re excited to again partner with Columbia Capital, and to build on IPB’s strong foundation and support its next phase of growth.”
patrick hendy, Partner at Columbia Capital, added, “IPB has maintained connectivity leadership in Berlin and also co-founded BCIX, the largest IXP in Berlin, and we believe its strategic importance to Berlin’s expanding digital ecosystem will only increase. We look forward to leveraging our experience scaling digital infrastructure businesses to support IPB on its growth journey.”
Steffen David, founder and Managing Director of IPB, expressed confidence in the partnership, stating, “Stonepeak and Columbia Capital are ideal partners for IPB as we embark on this next chapter.We are confident that their disciplined investment approach and combined digital infrastructure expertise, expansive industry relationships, and deep experience scaling data center businesses will enhance our customers’ experience and accelerate our vision for the business.”
Stonepeak manages approximately $79.9 billion in assets under management, focusing on infrastructure and real assets globally. Columbia Capital manages approximately $7 billion in assets, specializing in growth equity investments within digital infrastructure, enterprise IT, and mobility.
Latham & Watkins served as legal counsel to Stonepeak and Columbia Capital, while Forvis Mazars provided legal counsel and financial advisory services to IPB.
Contact Information:
For Stonepeak:
Kate Beers / Maya Brounstein
corporatecomms@stonepeak.com
+1 (646) 540-5225
For IPB:
Jennifer Sainte-Luce
press@ipb.de
+49 30 920 373 920
