GIP and KKR Complete $15 Billion Acquisition of CyrusOne

Paul, Weiss advised Global Infrastructure Partners (GIP) in its all-cash acquisition, alongside KKR, of CyrusOne Inc. for an enterprise value of approximately $15 billion. GIP is one of the world’s leading infrastructure investors, with $81 billion in assets under management; CyrusOne is a premier global data center REIT. Upon completion of the transaction, CyrusOne became a privately held company owned by GIP and KKR.

The Paul, Weiss team included corporate partners Matthew Abbott, Cullen Sinclair, Scott Barshay, David Tarr and John Kennedy; tax partners Scott Sontag and Patrick Karsnitz; executive compensation partner Jarrett Hoffman; litigation partner Geoffrey Chepiga; real estate partner Harris Freidus; antitrust counsel Marta Kelly; and international trade counsel Richard Elliott.