WAYNE, PA — Guardian Capital Partners announced the sale of its portfolio company, Direct Line Global, to CBRE Group, Inc. (NYSE: CBRE), the largest commercial real estate services and investment firm worldwide. The transaction terms were not disclosed.
Direct Line Global, headquartered in Fremont, CA, is a premier technology infrastructure services provider specializing in mission-critical data centers for major technology companies. With over 1,000 skilled technicians, the company delivers data center services across the U.S. and Asia Pacific markets. Direct Line excels in deploying next-generation infrastructure technologies, including artificial intelligence platforms, throughout the data center lifecycle—from design and planning to installation, post-build maintenance, and technology upgrades.
Bill Nelligan, CEO of Direct Line, highlighted the company’s accomplishments. “The Company has achieved significant and diversified growth in a demanding data center market. Guardian’s partnership was instrumental in fostering our evolution of the business, and we look forward to continuing this growth under CBRE’s ownership,” he said.
Scott Evans, Founding Partner at Guardian, praised the company’s progress. “During Guardian’s ownership, the Company invested to scale its platform, including operations and delivery, data center services offerings, geographic market expansion, and partnership with blue-chip customers. The Company is well-positioned to meet the increasing demand for data center services. I am proud of the exceptional performance of the management team and look forward to seeing the Company’s future success under the ownership of CBRE.”
Davis Graham & Stubbs LLP provided legal counsel to Guardian and Direct Line, while Lincoln International LLC served as Direct Line’s exclusive financial advisor. Sullivan & Cromwell LLP offered legal advice to CBRE.
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