Antin Infrastructure Partners has completed its acquisition of NorthC Datacenters, giving the regional operator a new strategic backer as it looks to expand further across Northwest Europe. 

NorthC operates 25 data centres across key metropolitan regions in the Netherlands, Germany and Switzerland, with more than 140MW of secured gross grid capacity across its live facilities and upcoming greenfield developments. The change in ownership will give the company further support for its next expansion phase, which includes plans to begin construction on new data centres in Frankfurt, Basel and Geneva this year.

The transaction was first announced in December 2025, when Antin said NorthC would join its wider digital infrastructure portfolio. That portfolio includes Pulsant, a well-known data centre operator that focuses on the UK market. In fact, Antin pointed to its track record in scaling digital infrastructure businesses, which include Pulsant, as a key reason behind its NorthC acquisition. 

Antin’s decision to acquire NorthC also reflects a wider market trend which is seeing money pour into the data centre market. In just the last year we’ve seen acquisitions ranging from CPP Investment and Equinix’s $4 billion deal for atNorth to Castleforge’s £100 million deal to buy the Redhill Data Centre campus. 

The industry has also been seeing wider interest from private equity firms more generally. Major names such as Blackstone and KKR have taken a key interest in the data centre market, with Blackstone even being behind the £10 billion development of the Cambois campus. 

While NorthC will now find support for further expansion under its new private equity owners, the company isn’t exactly new to being part of a much larger group. It was formerly owned by DWS, a German asset management fund that helped the company grow from 10 facilities to 25 through a mix of organic growth, greenfield developments and M&A. 

Alexandra Schless, CEO of NorthC Datacenters, stated, “The finalisation of this acquisition marks a key milestone in the NorthC journey. We thank DWS for being a dedicated investment partner from the very start, with whom we have been able to establish a leading platform in Northwest Europe through a combination of organic growth, greenfield projects and successful M&A projects over the past six years. 

“Now with Antin Infrastructure Partners officially on board, we have gained a new strategic partner whose deep expertise in digital infrastructure perfectly aligns with our regional leadership and expansion goals. We are ready to accelerate our growth across the Benelux and DACH regions, leveraging our 140 MW of secured capacity to meet the surging demand for AI Inference workloads and enterprise digital transformation. Our focus remains on delivering high-quality, regional colocation solutions with the scale and backing of a global infrastructure leader.”

Antin has been building out that broader digital infrastructure presence for several years. Alongside Pulsant in the UK, the firm told investors in its full-year 2025 results that NorthC would become part of Flagship V, underscoring how central data centres remain to its current investment strategy.

Stéphane Ifker and Maximilian Lindner, respectively Managing Partner and Partner at Antin Infrastructure Partners, commented, “We are delighted to be working with NorthC as we jointly embark on the company’s next growth phase. We will support NorthC with our long-term successful track record in scaling digital infrastructure platforms. 

“Regional colocation plays a critical role in the increasing digitisation of our economies and NorthC is the clear leader in this space within Continental Europe. 

“This closing signifies the start of an ambitious new chapter – we are fully committed to supporting Alexandra and her management team as they expand their footprint, modernise their facilities and continue to serve as the backbone for Europe’s most critical digital infrastructure sectors.”