Latham & Watkins Advises DTCP on Investment in Data Center Developer Atlantic Hub

Latham & Watkins LLP has advised Digital Transformation Capital Partners (DTCP) on becoming the primary investor in Atlantic Hub. DTCP is a leading specialist investment management firm focused on digital transformation. This investment enhances DTCP’s existing European digital infrastructure portfolio.

Established in 2018, Atlantic Hub is a large-scale campus data center developer with campuses across Ireland. The company recently received planning permission for its Derry campus, which represents one of the largest infrastructure developments in the region, and Northern Ireland’s first large scale data center campus. Additionally, work is also progressing on a ‘twin’ campus site in County Donegal, Ireland. Atlantic Hub plans to develop state-of-the-art facilities, which will provide up to 170MW of data center capacity to meet growing demand for high-performance cloud computing and AI for hyperscalers.

Latham & Watkins recently advised DTCP on its investment in a German data center operator.

The Latham team was led by Frankfurt infrastructure M&A partner Alexander Stefan Rieger and Frankfurt private equity real estate partner Otto von Gruben, with associates Joscha Müller, Johannes Groß, and Pascal Wagenführ, and London associates Emil George, Richard Dodding, and Aeneas Nalbantis. Advice was also provided on employment matters by London counsel Shaun M. Thompson, with associate Anna Cloke and Munich associate Kristina Hufnagel; on tax matters by London partner Karl Mah and Hamburg partner Verena Seevers, with Munich associate Manuela Minsel; on intellectual property matters by Frankfurt partner Susan Kempe-Müller; on antitrust matters by Frankfurt partner Max Hauser; and on finance matters by Frankfurt associate Ralph Dräger.