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Announced

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TPG and Goldman Sachs led a funding round in Infinidat.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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United States

Venture Capital

storage solutions

Cross Border

Minority

Data Centers and Hosting

Acquisition

Single Bidder

data storage

Private

Private Equity

Completed

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Synopsis

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TPG, a private investment firm, and Goldman Sachs, a multinational financial services firm, led a funding round in Infinidat, an Israeli-American data storage company, with participation from Claridge Israel and ION Crossover Partners. “There is a growing urgency for enterprise IT organisations, and managed service providers, to remain competitive by exceeding service levels, whilst efficiently managing costs and complexities within storage environments. We are proud to continue our partnership with Infinidat and welcome Boaz to the leadership team. With the addition of his deep sector experience and the completion of a strong funding round, Infinidat is poised to meet the rapidly changing needs of their customer base and position themselves as the go-to provider of agile storage technologies,” Tim Millikin, TPG Growth Partner.

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