Apollo funds complete Stream Data Centers acquisition

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Go back to Apollo funds complete Stream Data Centers acquisition

Apollo Funds Complete Acquisition of Stream Data Centers

November 3, 2025 8:00 AM EST

SDC Positioned to Accelerate Development Across Multi-Gigawatt Hyperscale Pipeline with Apollo Funds Capital and Strategic Support

NEW YORK, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that Apollo-managed funds (the Apollo Funds) have completed the previously announced acquisition of a majority interest in Stream Data Centers (SDC or the Company), a leading developer and operator of hyperscale data center campuses across the United States. As part of the transaction, Principal Asset Management® (Principal) is acquiring a minority interest in SDC through a Principal-managed fund. SDCs management team will... More