Permira growth equity investment into Tract
Torch Partners has acted as exclusive financial adviser to Permira on its investment into Tract, land developer creating master-planned, shovel ready datacentre campuses.
Tract is a U.S.-based provider of horizontal datacentre infrastructure, specialising in master-planned datacentre campuses. Tract partners with hyperscalers, operators, communities, landowners, and energy firms to streamline development cycles through pre-positioned infrastructure including power and zoning. By integrating long-term planning and scalable sites, Tract accelerates datacentre development while benefiting all stakeholders. The sustainable approach to land acquisition and datacentre development ensures efficient, community-focused growth in the digital infrastructure sector.
Tract has officially announced plans for almost 5GW of capacity at three locations with further developments in the pipeline across a total of 20,000 acres of land in the United States, which are in various stages of rezoning, design, or horizontal construction.
The transaction adds to Torch’s long heritage in the datacentre sector and the successful track record of advising Permira on flagship investments in the technology space.