Apollo has agreed to acquire a majority stake in Stream Data Centers to enhance its presence in next-generation digital infrastructure.

Information on the Target

Apollo has entered into an agreement to acquire a majority stake in Stream Data Centers (SDC) from Stream Realty Partners in a significant transaction that enhances Apollo's footprint in next-generation digital infrastructure. This acquisition aligns with Apollo’s strategy to invest substantially in the development of hyperscale data center campuses located in key Tier 1 and Tier 2 markets across the United States.

Stream Data Centers manages over 4 gigawatts of long-term powered land and boasts a strong development pipeline, having successfully delivered more than 20 hyperscale campuses to date. Their operational model emphasizes fostering long-term customer relationships while executing efficient and scalable builds tailored to the evolving requirements of cloud and artificial intelligence providers.

Industry Overview in the Target’s Specific Country

The digital infrastructure industry in the United States has seen substantial growth driven by the increasing reliance on cloud computing and data processing services. Major cities across the U.S. have become focal points