CLOSES DEAL ON 12 DATA CENTER PORTFOLIO ACQUISITION

Hybrid IT, cloud computing, and data center services company Involta, has today announced the completion of its acquisition by funds managed by investment firm Carlyle.

This transaction was first announced about a month ago when Carlyle entered into an agreement to acquire Involta as well as its portfolio which includes cloud infrastructure, colocation, edge, and fiber facilities.

“The investment positions us to build on our national market leadership while remaining committed to our customers in our current markets. We look forward to leveraging additional capital to strengthen and expand our data center and solution portfolio to support the growing digital infrastructure requirements of enterprise businesses across the country,” said Bruce Lehrman, Founder and CEO of Involta.

“Involta’s world-class platform, high-quality service, industry-leading NPS score, and company culture position the company for strong growth. We are excited to support Involta’s innovative team with Carlyle’s scale, resources, and access to capital as they help businesses navigate today’s complex hybrid cloud and edge-related challenges,” said Joshua Pang, Head of Digital Infrastructure for Carlyle’s Infrastructure Group.

Acquired from M/C Partners, Involta brings on-board, a portfolio of 12 data center facilities in the United States with locations across Arizona, Idaho, Iowa, Minnesota, Ohio and Pennsylvania. The company also add an in-house 12,000+ fiber-mile network to Carlyle’s portfolio.

Following the recent trend in the US data center market, H5 Data Centers has just announced the acquisition of seven data centers owned by vXchnge which are located in Nashville, Philadelphia, Pittsburgh, Portland, Secaucus (New Jersey), St. Louis and St. Paul in the United States (US). These facilities offers a total data center space of over 250,000 square feet.

Colocation, interconnection, and managed cloud services provider DataBank, also recently announced it plans to purchase four existing data centers in the Houston, Texas metro area for $670 million. The four Houston facilities which is owned by CyrusOne feature more than 300,000 square feet of raised-floor data center capacity, and 42.5MW of critical IT load.