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Latham & Watkins Advises AGC Equity Partners in Joint Venture with Iron Mountain

November 18, 2020
Members of the firm’s Real Estate Practice are advising on the 300+ million Euro JV to develop and manage the Frankfurt Data Center.

Iron Mountain Incorporated (NYSE: IRM), the storage and information management services company, has announced the formation of a 300 million+ Euro joint venture with an affiliate of AGC Equity Partners (AGC), a London-based global alternative asset manager, to design and develop a 280,000 square foot, or 27 megawatt, hyperscale data center currently under development in Frankfurt, Germany (the Frankfurt Data Center).

Latham & Watkins LLP represents AGC in the transaction with a real estate team led by New York partners Michael Haas and Dara Denberg, with associate Laura Janowitsch. London real estate partner Neil Ferguson, with associate Christopher Cox, advised on English law matters; New York partner Edward Nelson advised on investment funds matters; and Washington, D.C. partner Les Carnegie advised on regulatory matters.