Data centre operator CyrusOne plans potential 2027 IPO, banks pitch for roles, sources say
The private equity firms met investment banks including Goldman Sachs and Morgan Stanley last week and the banks pitched for roles on the IPO, the people said, asking not to be identified because the discussions are confidential.
CyrusOne, a data center operator backed by KKR and BlackRock's Global Infrastructure Partners, is reportedly planning an initial public offering (IPO) as early as 2027. This could be one of the largest IPOs in the sector in recent times, according to sources familiar with the matter. The private equity firms have been in talks with major investment banks, including Goldman Sachs and Morgan Stanley, to secure roles in the IPO. However, the details are still preliminary, and the bank pitches are ongoing.
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