UK Firm Western Gate Values Digital Infrastructure Provider DIA at €2.0bn

Western Gate Celebrates DIA's €2.0bn ValuationLondon, UK – UK-based private equity firm Western Gate has announced the successful completion of a €2.0 billion valuation for its portfolio company, DIA, a leading digital infrastructure provider.According to City AM, the valuation marks a significant milestone for DIA, which has experienced rapid growth in recent years as demand for its cloud-based services has surged. The company, which operates data centers and provides cloud computing solutions to clients across Europe, has seen its revenues and customer base expand significantly since Western Gate's initial investment."We are thrilled to see DIA reach this important valuation milestone," said a spokesperson for Western Gate. "This is a testament to the hard work and innovation of the DIA team, as well as the strength of the digital infrastructure market."The news comes amid broader economic uncertainty, with the UK economy contracting 0.1% in October as the country grappled with the fallout from the government's controversial mini-budget, according to City AM.Despite the challenges, Western Gate and DIA remain confident in the long-term prospects for the digital infrastructure sector, citing the growing demand for cloud computing, data storage, and other technology-enabled services."While the macroeconomic environment remains volatile, we believe that companies like DIA will continue to thrive as businesses and consumers increasingly rely on digital solutions," the Western Gate spokesperson added.