SWI Group Announces €260M Capital Increase for North American AI Data Center Expansion

SWI Capital Holding Ltd. has secured €260 million through a private placement of shares with founder Max-Hervé George and Aliya Fund Limited to fund its acquisition of a stake in a US data center company, TargetCo. The shares will be issued at €5.20 each, with trading expected to commence next week. Proceeds will support the acquisition and general corporate purposes.

Published Mar 21, 2026

SWI Capital Holding Ltd. has announced a €260 million capital increase through a private placement of ordinary shares. This funding comes from agreements with founder Max-Hervé George and co-investor Aliya Fund Limited, with shares issued at €5.20 each.

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The proceeds will partially finance SWI's acquisition of a significant stake in the US data center company TargetCo and cover general corporate expenses. The issuance has been approved by SWI's board and is classified as a related party transaction. Trading is expected to begin next week.