Colony Capital sells stake in DAA4
Summary
DATA4 finances, designs, builds and operates its own data centers, in order to offer its customers hosting solutions that are flexible, scalable, high-performing and secured.It has experienced very strong growth driven by exponential demand of firms in digital data storage, live and via cloud services.Nadra Moussalem, Head of European Investment Management, stated: “Colony Capital is very proud to have created and supported DATA4 in its development since 2006.I would like to thank the investors who trusted us and congratulate the teams who made Marcoussis the largest data hosting centre in Europe and have succeeded in replicating the company’s success internationally.Colony Capital is headquartered in Los Angeles with over 400 employees in offices located across 19 cities in ten countries.