Yondr Group, a global developer, owner, and operator of hyperscale data centers, has officially been acquired by DigitalBridge Group and La Caisse, formerly CDPQ, from Cathexis Holdings. The strategic acquisition reflects rising demand for large-scale and AI-optimized digital infrastructure and further solidifies the partnership between DigitalBridge and La Caisse in high-growth digital asset sectors.
The deal places Yondr in a strong position to respond to the increasing requirements for high-capacity, AI-ready data center solutions globally. La Caisse has taken joint ownership of Yondr, investing alongside funds managed by DigitalBridge.
As part of the transition, Yondr has announced new leadership appointments. Aaron Wangenheim has been named Chief Executive Officer, while Sandip Mahajan joins as Chief Financial Officer. Both bring decades of experience in data center development, financial strategy, and infrastructure operations. Their appointments signal a renewed focus on scaling Yondr’s capabilities to meet global demand for hyperscale computing and advanced digital transformation.
Yondr is currently managing over 420MW of hyperscale capacity with expansion potential to exceed 1GW, enabling it to serve the evolving compute needs of large technology companies. Its infrastructure footprint positions it to play a critical role in the expansion of cloud computing, AI processing, and next-generation workloads.
DigitalBridge’s Senior Managing Director Jon Mauck noted that the acquisition strengthens their portfolio of top-tier data center assets, aligning with the firm’s strategy to support hyperscale and AI firms globally. “Yondr adds significant value with its international campuses and operational expertise,” he said. “We’re also pleased to again partner with La Caisse, whose investment philosophy aligns with our long-term vision for digital infrastructure.”
Scaling Global Digital Infrastructure
The transaction builds on a longstanding relationship between the two investment firms. In 2019, La Caisse acquired a 30% stake in Vertical Bridge, a key communications infrastructure firm within the DigitalBridge portfolio. More recently, the firms jointly backed Vertical Bridge’s $3.3 billion tower acquisition from Verizon, extending their joint investment footprint in the digital ecosystem.
La Caisse Executive Vice President Emmanuel Jaclot described Yondr as a compelling platform for scaling digital infrastructure capacity globally. “This investment reflects our continued confidence in the sector and in Yondr’s ability to innovate and deliver advanced data solutions efficiently,” said Jaclot.
Cathexis Holdings, the previous owner of Yondr, also acknowledged the milestone. CEO William Harrison praised the company’s evolution from its founding in 2018 to a trusted hyperscale infrastructure partner. He expressed confidence in Yondr’s future under the guidance of DigitalBridge and La Caisse.
Strengthening Its Management Team
Newly appointed CEO Aaron Wangenheim brings over two decades of experience leading data center growth strategies, including senior roles at T5 Data Centers. He has advised investors and developed tailored infrastructure solutions, preparing him to guide Yondr through a period of rapid expansion.
Incoming CFO Sandip Mahajan adds over 30 years of experience in finance and infrastructure investment. His prior roles include leadership positions at Mitie Group PLC and Balfour Beatty PLC, where he specialized in infrastructure equity and large-scale financial operations.
Wangenheim stated, “I’m honored to join Yondr at this pivotal time for the industry. With the support of two world-class investors, we’re well-positioned to expand our capabilities and support our clients in scaling their operations through AI and cloud infrastructure.”
The leadership changes follow the departure of former CEO Paul Cossell, who led Yondr for over two years and brings nearly 30 years of experience in infrastructure and construction. Outgoing CFO Chester Reid is also stepping down to pursue other ventures after his tenure at the company.
The acquisition of Yondr marks another milestone in the consolidation of digital infrastructure providers serving the booming hyperscale and AI markets.
