Announced
Completed
Financials
Tags
Single Bidder
Private Equity
Friendly
Acquisition
Data Centers and Hosting
Majority
hybrid cloud
Private
United States
Completed
Domestic
Synopsis
GI Partners, a private investment firm, completed the acquisition of a majority stake in LightEdge, a provider of colocation, cloud and managed service solutions, from Anschutz, an American private holding company. Financial terms were not disclosed. "Over the last several years, LightEdge has emerged as a leading platform for colocation and cloud and managed services, particularly in the Midwest region. The Company has a proven model for delivering excellent service to enterprise customers in an increasingly complex hybrid-cloud world. We look forward to partnering with Jim and the LightEdge team to realize their vision for growth in the business," Mark Prybutok, GI Partners Managing Director.
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