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QTS CEO Chad Williams Departure Highlights Private Equity's Influence Over Portfolio Companies
ByAinvest
Thursday, Jul 17, 2025 10:17 am ET1min read
Blackstone's takeover of QTS in 2019 transformed the company into North America's largest data center landlord. However, QTS CEO Chad Williams is leaving after a decade-long run, citing differences with Blackstone on growth and future gains. Blackstone acquired Williams' share of QTS for $3 billion. The shift highlights the tension between founders and private equity firms.
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