LONDON., — June 12, 2023 — Yondr Group, a global leader, developer, owner operator and service provider of data centers today announced that it has successfully agreed a partnership with Apollo Global Management, a high-growth global alternative asset manager. This strategic relationship marks a significant milestone for Yondr as it continues to grow internationally, in line with client demand.
Apollo’s investment will further bolster Yondr’s strategic growth plan, which is driven by blue-chip client demand for its unique service proposition. Yondr delivers complex data center requirements for its clients, helping them meet their increasing requirement for capacity worldwide. Yondr’s ability to deliver faster, and its large, diverse global portfolio in emerging and established locations sees it uniquely placed to meet this increased client demand for cloud capacity.
“Apollo’s support of our global growth ambitions is truly exciting for us at Yondr,” said Paul Cossell, CEO at Yondr Group. “This allows us to create long-term sustainable value for clients, and to rapidly deploy cloud solutions, in line with the growing demands of our select, blue-chip client base.”
Apollo Partners Trevor Mills and Andrew Kirby said, “We are delighted to work with Yondr Group. With our support, Yondr can develop innovative, sustainable infrastructure solutions and meet the growing needs of an increasingly data-driven world.”
Dylan Foo, Head of Global Infrastructure at Apollo, added, “We believe this transaction demonstrates our ability to navigate complexity amid continued economic uncertainty and structure an attractive, tailored investment which supports the needs of both Yondr and Apollo Funds. We look forward to supporting Yondr’s continued expansion while pursuing the high growth secular trend of global cloud adoption.”
Apollo will be working alongside Yondr to provide advice and expertise as part of a long-term relationship.
Yondr continues to progress with its data center projects globally and is focused on delivering for its clients in the Americas, Europe and Asia.
About Yondr Group
Yondr Group is a global developer, owner operator and service provider of data centers. The company specialises in delivering and operating dedicated infrastructure that is engineered for scale. As an organisation, our mission ‘Global capacity responsible delivery’ ensures that we achieve our vision of a tomorrow without constraints. For more information, visit www.yondrgroup.com
Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three investing strategies: yield, hybrid, and equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of December 31, 2022, Apollo had approximately $548 billion of assets under management. To learn more, please visit www.apollo.com.
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