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POELLATH advises EMERAM and diva-e on sale of data center ‘firstcolo’ to Cube Infrastructure Managers

EMERAM Capital Partners (“EMERAM”) sells firstcolo datacenters GmbH (“firstcolo”) to Cube Infrastructure Managers (“Cube”) through its portfolio company diva-e. The parties have agreed not to disclose the financial details of the transaction.

Frankfurt-based firstcolo datacenters was founded in 2007 and is an independent provider of colocation, dedicated servers, managed services and private cloud services. The company owns two state-of-the-art Tier III+ data centers in Frankfurt, which are 100 percent powered by green electricity. The company expanded by acquiring Accelerated IT in 2017.

EMERAM is one of the leading investment managers for medium-sized companies in German-speaking countries. Funds advised by EMERAM provide more than EUR 700 million in capital for the development of growing companies. The portfolio includes companies in the technology/software, services and new consumer goods sectors.

Cube is an independent, mid-market infrastructure investor that acquired firstcolo through Cube Insfrastructure Fund III. Founded in 2007, Cube has raised EUR 4.0 billion to date through four European-focused funds and has successfully made more than 30 investments across Europe. Cube IM holds a five-star rating with UNPRI and has received several ESG awards.

POELLATH provided comprehensive legal and tax advice to EMERAM and its portfolio company diva-e with the following team:

Monika Goede
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