Apollo Funds have acquired a majority interest in Stream Data Centers, positioning the company for accelerated growth in the hyperscale data center sector.

Target Company Overview

Stream Data Centers (SDC) is a prominent developer and operator of hyperscale data center campuses throughout the United States. With a focus on serving major technology and AI infrastructure clients, SDC has successfully delivered over 20 data center campuses, primarily in Tier 1 markets. The company is strategically positioned to expand its operations and leverage its extensive pipeline that exceeds 4 gigawatts, enhancing capacity to meet the increasing demand for data and computing solutions.

The management team at SDC retains a minority stake in the company, ensuring continuity and a commitment to driving growth and innovation in a rapidly evolving sector.

Industry Overview in the United States

The data center industry in the United States is experiencing significant growth, fueled by the accelerating demand for digital services, cloud computing, and AI technologies. With the pervasive adoption of online services and the pr