Big news out of the Big Apple and Cedar Rapids, Iowa, for Involta!
Global investment firm Carlyle (NASDAQ: CG) has agreed to acquire Involta, an award-winning cloud computing, hybrid IT and data services company.
This strategic acquisition includes all 12 of Involta’s owned and operated data center facilities and an in-house 12,000+ fiber-mile network. Carlyle’s capital, resources, and expertise will help expand Involta’s operations, helping grow its capabilities for both new and existing customers.
Involta’s data centers are strategically located in key markets, including:
- Tucson, Arizona
- Boise, Idaho
- Marion, Iowa
- Duluth, Minnesota
- Cleveland, Ohio
- Pittsburgh, Pennsylvania
Involta has seen a year of milestones, growth and recognition. CRN, a brand of The Channel Company, named Involta a 2021 Triple Crown Award winner for a second time this fall. The designation goes to those achieving the impressive accomplishment of being featured on three of CRN’s prestigious lists. The company was also named to Inc. 5000’s list of fastest-growing private companies for a ninth year. Three key appointments to the leadership team illustrated the company’s culture and brand value of ‘People Who Deliver’. Each individual has been instrumental in leading teams, initiatives and innovation to help accelerate the company’s growth. In addition, Involta earned a KLAS rating, which recognizes software and services companies that help healthcare professionals improve patient care. Finally, earlier this year Involta acquired the assets and employees of SecureData 365, a data center in Canton, OH.
“Involta has built a world-class platform with a demonstrated operating model for delivering high-quality service to customers in an increasingly complex, hybrid cloud-based world. We see significant opportunity for growth given the long-term secular demand drivers of data proliferation, digital connectivity, and the digitization of enterprise and institutional operating models. We look forward to a strong, long-term partnership and to leveraging Carlyle’s scale, resources, and access to capital to drive sustainable growth at Involta.” – Joshua Pang, Head of Digital Infrastructure for Carlyle’s Infrastructure Group
“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. 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.” – Bruce Lehrman, Founder and CEO of Involta
Carlyle will acquire Involta from M/C Partners. The transaction is expected to close in the first quarter of 2022, after satisfying customary closing conditions.
To learn more about this exciting news, click here for the full announcement. To stay in the know about everything Involta, follow the company on Twitter and LinkedIn, and visit www.Involta.com.
