Arcus Infrastructure Partners has acquired a German data center operator and launched a new European data center platform.
The investment company this week announced the acquisition of Internet Port Hamburg (IPHH), a regional data center operator and Internet service provider, and the launch of Portus Data Centers.
“I am very excited by the launch and growth potential of Portus Data Centers in Germany and surrounding countries,” said Adriaan Oosthoek, chairman of Portus Data Centers.
“Our current Edge platform, offering immediate capacity through high-quality facilities in Luxembourg, Munich, and Hamburg, provides us with an excellent launchpad. In all our locations we plan to add further capacity to meet growing customer demand. We are also seeking to expand our footprint with further locations in the coming months.”
Arcus acquires IPHH
Launched in 1996, IPHH operates two data centers in the east of Hamburg. Launched in 2009 (at Wendenstrasse 408) and 2019 (Wendenstrasse 251), the facilities currently offer 2.4MW of sellable IT power capacity across 1,600 sqm (17,220 sq ft).
The company was acquired by Arcus’s European Infrastructure Fund 3 SCSp (AEIF3); terms weren’t shared. Arcus said IPHH also has ongoing development projects that will “significantly increase” its size and sellable capacity.
“IPHH is an excellent investment opportunity for AEIF3 and a great fit for Portus against the backdrop of a growing regional German data center market,” said John Shea, partner at Arcus.
"With its market-leading connectivity, strong management, highly skilled team, and growing customer base, it fits perfectly within Portus’ buy-and-build regional data center aggregation strategy. We are greatly looking forward to working with the IPHH team to support its next phase of growth as part of the Portus Data Centers family.”
Sascha Pollok, CEO of IPHH, said: “The IPHH team has been very impressed with Portus’ collaborative highly professional approach and its long-term strategy and vision for the future. We are very excited to join Portus and look forward to working with its senior management and Arcus to grow our business in the coming years and continue to provide our existing and new customers with a market-leading service.”
IPHH company founder Axel Kröger left the company in September 2023.
Arcus was advised by Noerr (Legal), Arup (Technical), BDO (Financial and Tax) and Aon (Insurance).
Arcus launches Portus
Arcus has also launched Portus Data Centers, a new European data center platform, with Adriaan Oosthoek appointed company chairman.
The Portus group currently comprises IPHH in Hamburg, EDH in Luxembourg, and Portus Data Centers Munich (formerly SDC SpaceNet DataCenter).
Oosthoek was previously SVP of operations, construction, and IT at Interxion until 2022. He has also held roles at Colt Technology Services, TeleCity, Redbus Interhouss, Teles, and Racal Datacom.
He said: “I am delighted to have been appointed by Portus Data Centers to support its ongoing expansion. The number of use cases for regional and Edge data centers is rapidly increasing and, as a result, demand for regional colocation capacity is growing significantly. I really look forward to utilizing my experience and working with Arcus to support the business and our customers on this growth trajectory.”
Arcus Infrastructure Partners is an independent fund manager focused solely on long-term investments in European infrastructure.
“We are thrilled to have a chairman of Adriaan’s caliber and proven industry track record on board,” said Arcus’ John Shea. “He is a great asset to Portus Data Centers and will be key to leading our ongoing expansion both in DACH as well as other regions going forward.”
Arcus acquired EDH and Germany’s SDC SpaceNet DataCenter in late 2022 and January 2023.
Prior to the acquisition, EDH operated an underground data center in Luxembourg offering 5,500 sqm (59,200 sq ft) and 3MW of capacity – expandable to 4.8MW. The facility recently adopted HVO to fuel its backup generators,
Launched in 2019 and located in Munich, the SDC data center offers 5,400 sqm (58,125 sq ft) of data center space with capacity for 2,800 server racks; currently offering 1.5MW, the company has plans to expand the site to 5.5MW.
