Blackstone acquires QTS Realty Trust

Blackstone acquired QTS Realty Trust for Approximately $10 billion ($78.00 per share in cash, including assumed debt), a transaction completed in August 2021, structured as All cash (Blackstone Infrastructure Partners, BREIT and Blackstone Property Partners).

QTS Realty Trust operates in Data centers / digital infrastructure (REIT take-private), is based in Overland Park, Kansas, USA (footprint across North America and Europe).

QTS is a leading data-center operator, and the deal aligned with one of Blackstone's highest-conviction themes — data proliferation — making it well suited as a long-term holding for Blackstone's perpetual-capital vehicles, which would fund continued growth to meet rising demand from hyperscale and enterprise customers.

We are delighted to back QTS and its world-class management team as they continue to scale the company to meet the rising demand for data centers. QTS aligns with one of Blackstone's highest conviction themes - data proliferation - and the required investment makes it well suited as a long-term holding for our perpetual capital vehicles.Greg Blank, Senior Managing Director, Blackstone Infrastructure Partners

Advisory firms were not disclosed for this transaction.

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