The investment from RedBird Capital Partners, Ontario Teachers’ Pension Plan and Management provides substantial capital to support Compass Datacenters’ continued growth under guidance of existing management team.
RedBird Capital Partners (“RedBird”) and Ontario Teachers’ Pension Plan (“Ontario Teachers’”) has announced an investment in Compass Datacenters, LLC (“Compass” or the “company”) in partnership with the company’s management team, which includes founder and CEO Chris Crosby. The existing management team will continue to lead the business and execute the company’s growth strategy, which is supported by long-term, flexible capital from Compass’s new investment partners. Financial terms of the transaction were not disclosed.