Global investment firm Carlyle announced today that funds it manages have agreed to acquire Involta, a data center company focused on hybrid IT and cloud infrastructure, including data center colocation, hybrid cloud, edge, fiber, and related products.
Involta owns and operates 12 data center facilities and an in-house more than 12,000 fiber-mile network. These assets, paired with strategic infrastructure services, provide mission-critical IT solutions to businesses across the United States. Carlyle’s capital, resources, and expertise will help expand Involta’s operations, which are located primarily in the Midwest as well as the Pacific Northwest and Southwestern United States, helping grow its capabilities for new and existing customers.
This transaction supports Carlyle’s growth in infrastructure investing, which includes investments in infrastructure companies supporting the digital economy. Earlier this year, Carlyle acquired Wyyerd Group, a regional fiber-to-home platform in the Southwestern United States, and recently completed an add-on fiber acquisition for that platform in December 2021.
Carlyle will acquire Involta from M/C Partners. The transaction is expected to close in the first quarter of 2022 and is subject to the satisfaction of customary closing conditions. Financial details were not disclosed.
Greenberg Traurig LLP, Bank Street Group, and TD Securities advised on this transaction.