Berkshire Partners has invested in MedOne, a provider of data center infrastructure, alongside the van Rooyen Group and majority shareholder Taavura.
MedOne provides hybrid cloud services to technology companies, local enterprises and government entities.
Drew Walker, principal at Berkshire Partners, said, “We are thrilled to partner with Taavura and the MedOne team. Driven by strong economic growth, multinational investment in cutting-edge research and development, the entry of leading cloud service providers, and growing subsea cable activity, Israel is one of the most dynamic economies and rapidly-developing data center markets in the world.”
Moelis and EBN advised MedOne. Jefferies LLC, Weil Gotshal & Manges LLP, and Herzog Fox & Neeman advised Berkshire Partners and the van Rooyen Group.