atNorth acquired by Partners Group

Dec 21, 2021
atNorth Holding AB has been acquired by Partners Group, a leading global private markets firm, acting on behalf of its clients. The acquisition aligns with atNorth’s strategy to increase its presence and operations across the Nordic region.

Chief Executive Officer Eyjólfur Magnús Kristinsson, says that the acquisition will help the company to accelerate growth across the Nordic region, with the timing being perfect as market demand for high-performance solutions is growing rapidly.

After having established data center operations in both Iceland and Sweden, we are now looking to expand even further.” Says Eyjólfur Magnús Kristinsson, CEO, atNorth. We believe Partners Group is the perfect fit to start the next phase of our journey, given the firm’s extensive experience in digital infrastructure, operational expertise, and financial resources.”

Demand for atNorth services leads to further expansion.

atNorth is currently building a state-of-the-art data center in Stockholm, Sweden, scheduled to commence operation in February 2022 whereas next phases of the buildout have already been announced earlier than anticipated, due to high market demand.

Leading pan-Nordic Data Center Provider

Partners Group’s vision is for atNorth to become a leading pan-Nordic data center provider. The demand for high-density hosting is set to double over the next few years and both companies see an opportunity for atNorth to grow alongside the market, offering sustainable and cost-efficient data center solutions.

atNorth is perfectly positioned to gain market share with their high-performing and power-efficient data centers in combination with a genuine sustainability approach in the fast-growing market of high-density data, driven by AI and such technologies. We look forward to working together with Magnús and his team across the region.” says Esther Peiner, Managing Director, Private Infrastructure Europe, at Partners Group. 

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