Carlyle is buying US data centre company Involta from M/C Partners for an undisclosed amount.
The global investment firm’s investment will help expand Involta’s operations located primarily in the Midwest as well as the Pacific Northwest and Southwestern US, helping grow its capabilities for both customers.
Involta owns and operates 12 data centre facilities and an in-house 12,000 fibre-mile network. The data centre firm is focused on hybrid IT and cloud infrastructure, including data centre colocation, hybrid cloud, edge, fibre, and related products.
Joshua Pang, the head of digital infrastructure for Carlyle’s infrastructure group, said: “Involta has built a world-class platform with a demonstrated operating model for delivering high-quality service to customers in an increasingly complex, hybrid cloud-based world.
“We see significant opportunity for growth given the long-term secular demand drivers of data proliferation, digital connectivity, and the digitisation of enterprise and institutional operating models.”
Pooja Goyal, CIO of Carlyle’s infrastructure group, said, “This investment is consistent with our strategy of partnering with best-in-class businesses positioned for continued growth in the digital infrastructure space.
“Digital infrastructure is a key sector focus for our platform and we will continue to grow our portfolio with both high growth opportunities as well as stabilised assets.”
Bruce Lehrman, Founder and CEO of Involta, said: “We see many logical opportunities to continue expanding Involta’s footprint and infrastructure, and look forward to leveraging Carlyle’s global resources and deep expertise to further accelerate our growth momentum.”
To read the digital edition of the latest IPE Real Assets magazine click here.