Heuking advises management of “firstcolo” data center on its sale to Cube Infrastructure Managers
A Heuking team led by Dr. Rainer Herschlein legally advised the management of firstcolo datacenters GmbH (“firstcolo”) including Jerome Evans and Nicolaj Kamensek on the sale of firstcolo to Cube Infrastructure Managers (“Cube”). The parties agreed not to disclose the purchase price.
Founded in 2007, Frankfurt-based data center operator firstcolo is an independent provider of colocation, dedicated servers, managed services, and private cloud services. As an independent subsidiary of diva-e, firstcolo was a portfolio company of EMERAM, which operates in the digital marketing sector. Its two state-of-the-art Tier III+ data centers in Frankfurt are powered by 100% green electricity.
Cube is an independent mid-market infrastructure investor that acquired firstcolo via its Cube Infrastructure Fund III. Across four European-focused funds, Cube has raised EUR 4 billion to date and has successfully concluded more than 30 investments all over Europe. Cube IM scores five stars with UNPRI and has received several ESG awards.
Counsel to firstcolo datacenters GmbH
Heuking Kühn Lüer Wojtek:
Dr. Rainer Herschlein, LL.M. (Lead, Corporate/M&A)
StuttgartTimo Daniel Trefzger (Employment), Hamburg