Saturday, November 23, 2024
spot_img
spot_img
HomeNewsBusiness WireI Squared Capital Acquires KIO Networks, a Leading Data Center and Digital...

I Squared Capital Acquires KIO Networks, a Leading Data Center and Digital Infrastructure Service Provider in Mexico and Central America

MIAMI–(BUSINESS WIRE)–I Squared Capital, a leading global infrastructure investment manager, has completed the acquisition of KIO Networks, Mexico’s largest data center operator and a leading digital infrastructure service provider. The company has a strong regional presence with assets in Mexico, Central America and the Caribbean through an extensive network of data centers with over 20 megawatts of installed operational capacity and significant expansion potential.

“Our investment in KIO Networks continues our commitments to digital infrastructure, where we have deployed over $3 billion1 across six investments with assets in 41 countries on four continents,” said Adil Rahmathulla, Managing Partner at I Squared Capital. “Our global digital infrastructure portfolio connects millions of people across four continents through a diverse set of assets including data centers, fiber networks, and cellular sites. The KIO Networks acquisition expands our data center footprint within our global digital infrastructure portfolio by adding a platform with an established track record of developing, constructing and operating data centers.”

KIO Networks is a specialized digital infrastructure company providing infrastructure-related services through a robust and extensive platform of data centers with operations in Mexico, Panama, Guatemala, the Dominican Republic, and Spain. The company also offers managed services for Cloud, cybersecurity, and business applications. By offering high-quality and reliable colocation services over the past two decades, the company has built a highly diverse ecosystem of customers including hyperscalers, telecommunication companies, technology providers, financial institutions, corporates, and governments.

KIO’s robust set of assets, strong customer depth and diversification, and experienced management team, position the company to capture the rapid growth in demand for data storage and anchor the development of the I Squared Capital digital infrastructure strategy in Mexico and the rest of Latin America.

About I Squared Capital: I Squared Capital is an independent global infrastructure investment manager with over $32 billion in assets under management focusing on utilities, digital infrastructure, energy, transport and social infrastructure in North America, Europe, Latin America, and Asia. Headquartered in Miami, the firm also has offices in Hong Kong, London, New Delhi, and Singapore.

1 Including co-investments in digital infrastructure assets managed by I Squared Capital.

Contacts

I Squared Capital
Andreas Moon

Managing Director and Head of Investor Relations

+1 (786) 693-5739

andreas.moon@isquaredcapital.com

Media Contact: Brunswick Group
Alex Yankus / Samantha Rodriguez

+1 (917) 818-5204 / +1 (347) 993-5162

isquared@brunswickgroup.com

spot_img
RELATED ARTICLES
spot_img
spot_img
spot_img

Caribbean News

ILO – Suriname’s discusses just transition progress

PARAMARIBO, Suriname, (ILO News) - Advancements towards strengthening entrepreneurship, formalization and a just transition for the benefit of workers and businesses in Suriname was...

Global News

G20 economies should target reforms to boost medium-term growth prospects

By Paula Beltran Saavedra, Nicolas Fernandez-Arias, Chanpheng Fizzarotti, and Alberto Musso For most Group of Twenty economies, growth is poised to weaken over the next five years...