Charles Russell Speechlys advises the founder of Global Technical Realty on USD$1bn investment by KKR
A multi-disciplinary team at Charles Russell Speechlys has advised Franek Sodzawiczny, founder and CEO of data centre platform Global Technical Realty (GTR), and his management team on an initial USD$1bn investment by global investment firm KKR. GTR will design and construct data centres for global hyper-scalers in key European markets.
Franek Sodzawiczny, formerly founder & CEO of Zenium and veteran of the data centre market, will be joined by a number of highly experienced professionals with deep roots in the data centre industry across Europe, as part of the management team.
Franek stated: "We are thrilled to have found an investor like KKR that shares our vision for the future of the data centre market. KKR’s breadth of resources and tremendous expertise will allow GTR to fully participate in this growing market and provide a solid foundation for GTR’s future growth and success.
Having worked with Keir and the Charles Russell Speechlys team previously, I was sure that their expertise in private equity and the data centre market would help facilitate a great outcome for us all. Their support on the deal and the continuing work setting up the GTR platform has proved invaluable.”
Speaking of the deal, Keir Gordon commented, "We are delighted to have advised Franek and his management team on the establishment of GTR and on this significant investment by KKR. The data centre market remains as strong as ever, even in the midst of the COVID-19 pandemic. Our sector expertise and long term relationship with the client enabled us to work collaboratively with KKR and its team of advisors and help facilitate a really positive process - we look forward to working with GTR and KKR on this exciting new platform.”
The Charles Russell Speechlys team was led by Corporate Partner Keir Gordon, supported by Legal Director Deborah Robson, and Associate Kunal Shah. Employment advice was provided by Partner Nick Hurley and Tax advice was provided by Partner Robert Birchall.
Strategic Planning for Modern Landed Estates
The second in our series of articles on succession planning for landed estates covering a wide variety of matters.
When can you set off claims against different elements of a project
The Court’s decision raises important drafting considerations for construction contracts involving multiple elements of a project.
Drafting terms and conditions or negotiating a contract? Be wary of "unusual" and "exorbitant" exclusion clauses
When drafting a set of terms and conditions, companies must adhere to the requirements contained in the Unfair Contract Terms Act 1977
Stop, collaborate and listen: Top 10 Tips with Collaboration Agreements
Providing you with the top ten tips on collaboration agreements - what should you know?
Phase out of temporary restrictions on use of winding up petitions
Hannah takes a look at the recent UK Government announcement on statutory demands and the presentation of winding up petitions
Fiona Edmond and Mark Smith write for Property Week on data centres as an infrastructure asset class
The complexity of operational issues is something those new to the sector may not anticipate and interest is likely to increase.
Preparing your company for sale
We set out here some initial steps to consider in anticipation of a sale.
ESG investment and the challenges for trustees
What challenges does the ESG revolution present for trustees of private family trusts?
The impact of COVID-19 on commercial and residential tenancies
What impact has COVID-19 had on commercial and residential tenancies? Read more here.
Overhaul of London's stock market listing regime set to significantly boost capital raising opportunities for founder led UK tech businesses
Charles Russell Speechlys advises discoverIE on its acquisition of Antenova
discoverIE is a leading international designer, manufacturer and supplier of customised electronics to industry.
Q&A: Separate blocks, common parts and enfranchisement
Miriam Seitler and Lauren Fraser answer queries relating to leaseholders seeking to acquire the freehold.
Coded messages for landlords and tenants
“What does the code of practice mean for landlords and tenants? Read more here”
The family court’s role in micro managing 'trivial' disputes
The recent decision has dealt with the family court’s role in micro managing “trivial” disputes in relation to children
Taxing horizons and fiscal black holes
A super-massive black hole at the centre of the nation’s finances means that tax reform and rates rises look increasingly likely.
Charles Russell Speechlys advises Acora on acquisition of Westgate IT
Westgate IT specialises in providing IT support to businesses in the South West.
Q&A: Wrestling with restrictive covenants
Camilla Lamont (barrister at Landmark Chambers) and Real Estate Disputes Partner Emma Humphreys answer a pair of covenant queries
Charles Russell Speechlys advises Grape Paradise on the acquisition of a fine wine business
Charles Russell Speechlys has advised Grape Paradise on the acquisition of the Sarment Group in the China Mainland territories.
Ongoing supply chain crisis looms large over upcoming allergen law change
Grab the tail by the horns - Why is tail spend so critical in today’s outsourced portfolio?
It’s usually invisible, but in all likelihood, you’ve got tail spend.