Grupo Romero Acquires 49% Stake in GTData HoldCo for $118 Million with Legal Counsel from PPU

"Philippi Prietocarrizosa Ferrero DU & Uría (PPU) acted as legal counsel for Grupo Romero in its acquisition of a 49% stake in GTData HoldCo, which manages data center operations in Chile, Colombia, and Peru. The deal, valued at approximately US$118 million, enhances Grupo Romero's presence in the digital infrastructure sector. PPU's cross-border team included partners from Chile, Colombia, and Peru, while Garrigues y Cia represented the sellers."

Philippi Prietocarrizosa Ferrero DU & Uría (PPU) served as legal counsel to Grupo Romero in its acquisition of a 49% stake in GTData HoldCo, the holding company overseeing GTD’s data center operations in Chile, Colombia, and Peru. Garrigues y Cia represented the sellers in this transaction. The deal, valued at approximately US$118 million at signing (subject to customary adjustments), signifies a notable expansion of the Peruvian conglomerate’s presence in the regional digital infrastructure sector. The PPU cross-border team included partners Guillermo Vial, Constanza Rodriguez, Andrés Sanfuentes, Guillermo Infante, and Gabriel Budnik (director) in Chile; Hernando Padilla in Colombia; and Guillermo Ferrero, Victor Abad, Verónica Vergaray, Augusto Bustamante, and Jacqueline Febres in Peru. Rafael Villarán Bedoya, legal director of Grupo Romero Investment Office, acted as in-house counsel for the transaction.

Grupo Romero Acquires 49% Stake in GTData HoldCo for $118 Million with Legal Counsel from PPU

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