Data centre operator CyrusOne plans potential 2027 IPO, banks pitch for roles, sources say

CyrusOne, a data center operator owned by KKR and BlackRock’s Global Infrastructure Partners, is preparing for an initial public offering as early as 2027, in what could be one of the biggest IPOs in the sector in recent years, according to people familiar with the matter.

The private equity firms met investment banks including Goldman Sachs and Morgan ‌Stanley last week ⁠and ⁠the banks pitched for roles on the IPO, the people said, asking not to be identified because ​the discussions are confidential.