Data Center M&A hits record $57B in 2024, fueled by private equity surge

The data center M&A market shattered records in 2024 with $57 billion in closed deals and $29 billion pending, driven by private equity investments. Major deals included $9.2 billion in Vantage Data Centers and $3.1 billion for its EMEA arm. Private equity accounted for 80-90% of deals, underscoring a booming sector poised for further growth.