AMP Capital to buy US communications firm Expedient

18 October 2019 - 12:00 am UTC

AMP Capital has agreed to buy US cloud computing and data center firm Expedient from Norfolk, Va.-based Landmark Media Enterprises, the firm announced 18 October.

Expedient, which operates 11 data centers in the US, had hired Evercore to explore a potential sale. Inframation reported last month that AMP Capital was in talks for the company.

The firms did not announce the terms of the deal, which is expected to close by the end of the year.

Bank Street Group acted as AMP Capital’s financial advisor, while Evercore served as financial advisor to Landmark.

Read more