CDT Roundup: A $40B Data Center Deal Leads a 14-Deal Week

The week that ended Oct. 18 saw 14 deals reported with a total value of $46.6 billion, skewed by one of the largest data center infrastructure deals yet. The BlackRock, Nvidia, Microsoft et al. investor group known as AI Infrastructure Partnership is buying Plano-based Aligned Data Centers and its nearly 80 facilities with 5 gigawatts of capacity. And it’s only the seventh-largest deal of the year.

Also last week, Irving’s Commercial Metals Co. said it is buying Atlanta’s Foley Products Co. for $1.84 billion in cash a month after announcing the acquisition of Virginia’s Concrete Pipe & Precast for $675 million in cash, as CMC continues its expansion across the Southeast.