Sale of Ficolo to Digital 9 Infrastructure plc

Torch Partners has acted as exclusive financial adviser to Taaleri and Pontos on the sale of Ficolo to Digital 9 Infrastructure plc (DGI9:LSE).

Ficolo is a leading Finnish data centre and cloud infrastructure platform. Its ultra-modern infrastructure, spread across three campuses, is industry-leading in terms of energy efficiency and environmental credentials, using 100% renewable power and distributing surplus heat to district heating networks. During the investment period of Taaleri and Pontos, Ficolo's revenue has more than doubled via organic growth and strategic M&A. The historical investments have been partly financed by a green bond, which was Finland's first green bond to receive a Dark Green rating.

D9 is an investment trust listed on the London Stock Exchange that invests in scalable platforms and technologies including subsea fibre, data centres, terrestrial fibre, and wireless networks. The transaction delivers on D9's environmentally sustainable data centre strategy which focuses on shifting the energy-intensive processing of growing data sets to the Nordics to deliver green data centre solutions in a geographically optimal environment.

€135m

M&A

April 2022