IFM Investors Hired Advisors for Stack Bid
A bidding syndicate featuring major tech and finance firms has enlisted new advisors for its acquisition effort.
Updated on Sept. 20, 2026 in Data Centers
IFM Investors and the AI Infrastructure Partnership have hired additional advisors to support their joint bid for Stack Infrastructure. The move advances the syndicate's attempt to acquire the firm, which operates a portfolio of data centers.
Why it matters
The involvement of major technology and investment players highlights the intense competition for data center assets required to power artificial intelligence. This strategic bid seeks to secure critical digital infrastructure amidst a global expansion in computing demand.
The bidding syndicate, which includes BlackRock's GIP, Nvidia, Microsoft, and MGX, is targeting Stack Infrastructure's data center portfolio valued at over $28 billion.
The players
IFM Investors
This global institutional investment manager specializes in infrastructure assets and manages funds on behalf of pension funds.
AI Infrastructure Partnership
This consortium focuses on strategic investments in the hardware and physical infrastructure necessary to support large-scale artificial intelligence models.
Stack Infrastructure
This company develops and operates data centers for hyperscale and enterprise clients on a global basis.
BlackRock GIP
A major global infrastructure investment platform managed by BlackRock that focuses on energy, transport, and digital assets.
Nvidia
This technology company designs graphics processing units and is a critical supplier for the artificial intelligence industry.
The details
The consortium, led by IFM Investors and the AI Infrastructure Partnership, has expanded its advisory team to navigate the complex acquisition process. This syndicate integrates financial heavyweights with key technology stakeholders, signaling a major move to control essential data infrastructure.
Timeline
September 20, 2026: The syndicate announced the addition of new advisors to support the bid.
The Tech Race
This acquisition effort follows the broader pattern of hyperscale data center consolidation, where capital-heavy firms attempt to secure the physical foundations of AI. It positions the syndicate to replace fragmented ownership with centralized, large-scale infrastructure control.
The outcome of this bid will likely influence the scalability and availability of future AI-powered services for users worldwide. Increased infrastructure investment generally leads to faster deployment of new technological capabilities but may further concentrate market control.
The takeaway
The move underscores that secure access to data center capacity has become the most valuable commodity for global technology firms. Readers should anticipate continued high-level M&A activity as the competition to power next-generation software models intensifies.
Further reading
Learn more about the evolving landscape of Data Centers and the infrastructure supporting global computing.
Source note: This article includes information reported by Australian Financial Review.
