Aligned Data Centres, backed by Macquarie Group, has acquired ODATA from Patria Investments to pave its entry into the Latin American market.

ODATA operates hyperscale data centres in Brazil, Colombia, Mexico and Chile and is developing more facilities, according to Aligned Data Centres.

“The acquisition combines a significant growth runway for expansion, and a proven ability to deliver capacity at maximum speed,” said Andrew Schaap, CEO of Aligned Data Centres.

Felipe Pinto, infrastructure partner at Patria Investments, said ODATA had evolved from a start-up seven years ago to a leading player in the fast-growing Latin American market.

Aligned Data Centres, which is majority-owned by funds managed by Macquarie Asset Management, entered into a definitive agreement to receive a structured minority investment in ODATA from SDC Capital Partners, an operationally focused digital infrastructure investment firm.

The transaction is expected to close in early 2023.