Apollo Funds to Acquire Pan-European Colocation Data Center Business from STACK Infrastructure

Apollo announced that its managed infrastructure funds have agreed to acquire the European colocation business developed by STACK Infrastructure, a portfolio company of Blue Owl Digital Infrastructure Advisors. The business comprises seven interconnected data center assets across Stockholm, Oslo, Copenhagen, Milan, and Geneva, serving blue-chip clients such as telecom carriers, IT companies, and financial institutions. Following the transaction, the business will rebrand and operate independently from STACK. Apollo emphasized strong growth prospects driven by increasing demand for interconnected colocation services. The deal is subject to regulatory approvals and customary closing conditions.