Carlyle (NASDAQ: CG), a global investment firm, has acquired Involta, a data center company focused on hybrid IT and cloud infrastructure.
Involta owns and operates 12 data center facilities and an in-house 12,000 fiber-mile network. The firm provides mission-critical IT services to businesses across the United States. The combination of the two firms will pair Carlyle’s capital, resources and expertise to help expand Involta’s operations and grow its capabilities.
“We are thrilled to work with Carlyle’s proven investment team as we build on our national market leadership and support our customers’ growing digital infrastructure requirements,” added Bruce Lehrman, founder and CEO of Involta. “We see many logical opportunities to continue expanding Involta’s footprint and infrastructure, and look forward to leveraging Carlyle’s global resources and deep expertise to further accelerate our growth momentum.”
Greenberg Traurig LLP, Bank Street Group, and TD Securities advised on this transaction.