Rogers enters agreement to sell portfolio of data centres
Torys is acting as counsel to Rogers with a team a team led by Rima Ramchandani and Huw Evans and that includes Justin Crawford, Alison Shamie and Jaidyn McEwen (corporate/M&A), Ebad Rahman (commercial contracting), Darryl Hiscocks, Stephanie Kalinowski and Parker Baglole (pension and employment), Dany Assaf and Rebecca Wagner (competition and foreign investment review), Andy Gibbons (real estate), Ed Fan (IP), Craig Maurice, Steve Marshall and Benjamin Mann (tax).
On August 14, 2025, Rogers Communications Inc. (“Rogers”) announced that it entered into a definitive agreement with InfraRed Capital Partners Limited (“InfraRed”) to sell the data centres business of Rogers Business, the division of Rogers that provides networking and technology solutions to businesses of all sizes across Canada.
With nine Tier 2 and 3 data centres across key Canadian cities, the data centres’ business has an established footprint, a strong operational team, and a long-standing, diverse customer base across a range of industries.
The transaction is part of Rogers planned sale of real estate and non-core assets. Net proceeds from the transaction will be used to repay debt.
The transaction is expected to close by year end 2025, subject to customary closing conditions and regulatory approval.
Following closing of the transaction, Rogers will continue to sell data centre services on behalf of InfraRed and will provide network connectivity to the data centres.
Further information can be found on GlobeNewswire’s website and newswire.ca.
InfraRed is a leading international mid-market infrastructure asset manager, managing US$13 billion of equity capital for investors around the globe in listed and private funds across both core and value-add strategies. It is part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life, and benefits from its scale and global platform.
Rogers is Canada’s leading communications and entertainment company and its shares are publicly traded on the Toronto Stock Exchange and on the New York Stock Exchange.