Announced
Completed
Synopsis
GI Partners-backed LightEdge, a provider of secure cloud and colocation for nearly three decades, completed the acquisition of Connectria, a cloud hosting and managed services provider. Financial terms were not disclosed. “I’m so impressed by both teams’ steadfast commitment to client success while we finalized this acquisition over the past month. It reinforces that this alignment was the right one. Both LightEdge and Connectria have evolved over a 30-year span, through the dot-com bubble, the rise of the cloud, a global pandemic that fast-tracked digital transformation, and so many other sweeping changes. Both have stayed true to what’s always driven success: a steadfast focus on client outcomes, team culture, and employee engagement. That’s what we plan to continue doing," Jim Masterson, LightEdge CEO.
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