LightEdge is acquired by GI Partners
14 September 2021 | Antony Savvas
LightEdge, a provider of colocation, cloud and managed service solutions, has been acquired by private investment firm GI Partners.
LightEdge operates seven data centres in Des Moines, Kansas City, Omaha, Austin and Raleigh. It had been majority-owned by The Anschutz Corporation from 2008.
GI Partners is acquiring LightEdge through its GI Data Infrastructure Fund, which was launched last year and which manages over $1.8 billion of capital commitments.
“We got to know the GI Partners organisation over the last year and I believe we have found the perfect investment partner to help take our company to the next level,” said Jim Masterson, CEO of LightEdge.
Mark Prybutok, managing director of GI Partners, added: “Over the last several years, LightEdge has emerged as a leading platform for colocation and cloud and managed services, particularly in the US Midwest region.
“The company has a proven model for delivering excellent service to enterprise customers in an increasingly complex hybrid cloud world.”
GI Partners has raised over $29 billion in capital from leading institutional investors around the world to invest in private equity, real estate and data infrastructure strategies. The value of the LightEdge acquisition has not been disclosed.
5h | Antony Savvas
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6h | Antony Savvas
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