Carlyle Buys Involta, Plans Expansion

December 23rd, 2021 by · Leave a Comment

There was a bit of pre-Xmas M&A activity yesterday. The investment firm Carlyle has announced a deal to purchase Involta from M/C Partners. The purchase will will serve Carlyle as a platform for expansion deeper into digital infrastructure.

Involta operates a dozen data center facilities in six states: five in Ohio, two each in Minnesota and Idaho, and one in each of Pennsylvania, Iowa and Arizona. In all those facilities span about 200,000 square feet of space, which is complemented by some 12,000 miles of in-house fiber that help power the company’s cloud and managed service offerings.

Carlyle plans to invest additional resources into expanding that footprint, taking Involta into new markets. They didn’t say whether those plans were of the organic or inorganic variety, but the likely answer there is ‘both’.  Carlyle did something similar in the FTTH sector with the acquisition of Wyyerd Group earlier in 2021 with an eye toward expanding on that front as well.

The deal is expected to close in Q1 of 2022, and financial details were not disclosed.

If you haven't already, please take our Reader Survey! Just 3 questions to help us better understand who is reading Telecom Ramblings so we can serve you better!

Categories: Datacenter · Mergers and Acquisitions

Discuss this Post

Leave a Comment

You may Log In to post a comment, or fill in the form to post anonymously.

  • Ramblings’ Jobs

    Post a Job - Just $99/30days
  • Event Calendar