Digital Realty (NYSE: DLR), a global provider of cloud and carrier-neutral data center, colocation and interconnection services, has acquired a majority stake in Teraco Data Environments, from Berkshire Partners and Permira.Berkshire and Permira funds will retain minority equity interest in the firm.
Teraco Data is an African carrier-neutral data center and interconnection services offerer. The firm’s facilities provide secure colocation and related services to over 600 carrier, cloud, content and enterprise customers. The firm represents part of Africa’s internet backbone through its data center infrastructure and network dense ecosystems.
“Over the last seven years, Teraco has transformed itself into one of the most unique data center platforms globally,” said Pierre Pozzo, a principal at Permira. “Today, Teraco combines the very rare characteristics of offering an interconnection-rich ecosystem, being Africa’s home to the Cloud, while also owning the African Internet Exchange, Napafrica.”
“As we take this next step in the evolution of Teraco, we are pleased to be joining forces with a strategic partner in Digital Realty and are equally as excited to continue our relationships with Berkshire and Permira,” said Jan Hnizdo, CEO of Teraco. “Digital infrastructure continues to be at the forefront for many companies in a variety of industries and geographies and we are excited to continue to partner with the Berkshire and Permira teams who have valuable expertise that has significantly contributed to our growth and success over the past several years.”