ClosedPublished 31 Aug 2022

Swiss Life Asset Management AG /
DataBank

Swiss Life Asset Management AG-backed vehicle completes DataBank investment

Price
$1.2bn
Stage
Closed
Source · 31 Aug 2022
01 / BuyerSwiss Life Asset Management AG
02 / TargetDataBank
01

What happened

Cirrus Holdings, LP, an acquisition vehicle funded by affiliates of Swiss Life Asset Management AG, acquired approximately 27% of DataBank’s fully diluted equity interests from existing investors for approximately $1.2 billion in cash. The Initial Sale closed on August 25, 2022.

02

The source

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01
Source · Source

Swiss Life Asset Management AG-backed vehicle completes DataBank investment

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03

Timeline

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  1. Closed

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  2. Published by the source

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