DTCP announces additional investment in maincubes, a leading German data center operator, to become the majority shareholder
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Frankfurt, September 19th, 2023: Digital Transformation Capital Partners (“DTCP”), an independent investment management firm focused on digital transformation, is pleased to announce that funds advised by DTCP have become the majority shareholder in maincubes, a Frankfurt-based, leading German data center operator providing colocation solutions, acquiring an additional stake from co-shareholder Art-Invest Real Estate. DTCP is excited to continue to support the growth strategy of maincubes in its new capacity as majority shareholder, alongside Art-Invest Real Estate, which remains a c. 25% shareholder in the Company, and CEO and founder, Oliver Menzel.
Founded in 2012, maincubes operates data centers at the leading data center markets of Frankfurt, Berlin and Amsterdam. The Company’s data centers offer its clients high security, reliability and scalability. With the state-of-the-art technology utilised throughout its data centers, maincubes is able to guarantee uninterrupted availability for client’s IT infrastructure. maincubes’ tenants include customers from the public sector, national and international blue-chip enterprises, and cloud service providers that place high value on a sustainable, fail-safe, and high-performance digital infrastructure.
maincubes is currently executing on a significant and sustainable expansion plan having recently announced the appointment of Arne Weber as Chief Financial Officer (CFO) of the Group while also securing a new scalable capex facility of €1.035 billion, enabling maincubes to further accelerate its strategy to become a leading European data center operator. The Company has a healthy pipeline of projects, including four new state-of-the-art facilities under development across Berlin and Frankfurt, complementing the existing data center portfolio, and allowing maincubes to deliver best-in-class 100% green-powered data center solutions to a growing customer base. In total, maincubes has secured a portfolio of sites with over 100MW power capacity and a sizeable, tangible pipeline to substantially expand its footprint across Germany and Europe.
Oliver Menzel, CEO and founder of maincubes, said: “We are delighted to have DTCP now as a majority investor on board, sharing our passion and vision for the data center market, and are looking forward to continuing our successful partnership. DTCP’s expertise, resources and network will support maincubes and will allow the Company to reach its full potential in the growing data center market.”
Philipp von Bismarck, Managing Partner at DTCP: “We thank our partner Art-Invest Real Estate for the great collaboration. We are pleased to continue backing maincubes, becoming majority shareholders, and partnering with an experienced management team that shares our vision for the future of the data center market. DTCP’s resources and expertise will contribute to the foundations for success at maincubes, supporting maincubes to become a leading European data center operator.”
Waldemar Maurer, Partner at DTCP: “We are very excited to be increasing our commitment in maincubes demonstrating our strong conviction not only in the data center market, but in the Company’s vision and strong management team. We are seeing an explosion of demand for data centres in Europe, which has in recent months been accelerated by the rapid deployment of AI across industries. We know that Germany sits at the heart of these developments and this is reflected in the rising demand for maincubes’ data centres and the growth plans that we’ve set out alongside the management team. We look forward to continuing our partnership with maincubes to support the Company in becoming a leading European data center operator.”
DTCP was advised by Latham & Watkins and YPOG on this transaction.
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About DTCP (Digital Transformation Capital Partners)
DTCP is an independent investment management firm with 2.5 billion euros in assets under management and over 50 professionals. With a focus on digital transformation, the firm invests across two strategies:
DTCP Infra invests in European digital infrastructure out of the Digital Infrastructure Vehicle II (DIV II). DTCP Infra specializes in investments in mobile towers, fiber networks and data centers. DTCP’s infrastructure investments include Swiss Towers (acquired by Cellnex), Community Fibre, Cellnex Netherlands, Open Dutch Fiber, e-fiber, and maincubes.
DTCP Growth invests in leading software companies out of its latest fund Growth Equity III (GE III). The team has made over 30 investments in Europe, Israel and the US, with notable investments including Aircall, Arctic Wolf Networks, Auth0 (acquired by OKTA), Guardicore (acquired by Akamai), Fastly (NYSE: FSLY), LeanIX (acquired by SAP SE), Pipedrive (acquired by Vista Private Equity), and Signavio (acquired by SAP SE).
To learn more about DTCP, please visit dtcp.capital.
Investor Inquiries
Melanie Böttcher
Investor Relations
E-Mail: melanie.boettcher@dtcp.capital
Phone: +49 1516130752
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About maincubes
maincubes, headquartered in Frankfurt am Main and founded in 2012, plans, designs, develops and operates a network of high-availability data centers of various sizes in Europe. In this way, maincubes creates carrier-neutral, secure and sustainable spaces for the IT infrastructure and, thus, creates an ecosystem for the digital future of its customers in various industries as well as the public sector. In September 2022, maincubes was able to win DTCP Infrastructure as a new strategic partner and investor. maincubes plans to invest more than €1 billion in new data centers over the next few years. For more information, visit www.maincubes.com.