StocksMedium10 August 2026
1 min read

Data Center Operator CyrusOne Plans 2027 IPO Under KKR and BlackRock Ownership

Key Facts

1CyrusOne, owned by KKR and BlackRock's Global Infrastructure Partners, is preparing for an IPO as early as 2027.

Amid the global surge in digital infrastructure investment, major private equity firms are increasingly looking to monetize their technology assets. CyrusOne, a leading data center operator owned by KKR and BlackRock's Global Infrastructure Partners, is reportedly preparing for a potential initial public offering as early as 2027. Investment banks have already begun pitching for roles in the deal, signaling early-stage preparations for a return to public markets.

The decision by KKR and BlackRock to pursue an IPO reflects a strategic move to capitalize on the accelerating demand for data center capacity. By taking the company public, the owners aim to leverage the high-growth sentiment surrounding infrastructure sectors. Per market data, this move aligns with broader institutional interest in scaling data assets to meet the needs of modern computing and cloud services.

Regarding market performance, KKR (0QZZ.L) stood at 1139.97 USD at the close of August 7, 2026. While the upcoming economic calendar does not list immediate catalysts for the firm, investors are monitoring the stock's trajectory after it reached a day high of 1153 USD during the same period. Future updates on banking mandates will be critical for assessing the IPO's valuation framework.

Sources:reuters.com