IPI Partners has acquired an Italian data centre services company as its first investment in Europe.
The private equity firm has invested an undisclosed amount to buy ACDC Holdings, Supernap Italia鈥檚 controlling shareholder, from Accelero Capital.
Sherif Rizkalla, CEO of Supernap Italia, said: 鈥淲e are proud of the great progress that we have made in establishing our market presence and demonstrating our ability to meet the capacity needs of some the world鈥檚 leading technology companies.
鈥淚PI is an ideal partner to help us advance our hyperscale deployments, in Italy and throughout Europe, and to accelerate our growth plans.鈥
Matt A鈥橦earn, partner at IPI Partners, said: 鈥淪upernap has an established leadership team that we鈥檝e followed as they鈥檝e fostered strong relationships with a distinguished tenant base and built a track record of developing and operating world-class data centres.
鈥淲e see this as a great opportunity in Europe, a market that we believe will continue to experience significant growth. In connection with this investment, IPI also plans to commit resources to execute on the opportunities resident in the expansion capacity within and around Supernap鈥檚 existing campus.鈥
To read the digital edition of the latest 91传媒在线 magazine click here.