InfraRed Capital Partners has plans to acquire the data center business of Rogers Communications, a Canadian communications and entertainment company.
With nine Tier 2 and 3 data centers across key Canadian cities, the business has an established footprint, a strong operational team and a longstanding, diverse customer base across a range of industries. The business is well-positioned to meet the evolving demands of customers with up to 49 megawatts of capacity and a range of secure colocation, cloud and managed services, delivered within a framework of Canadian data sovereignty and in-country cloud infrastructure.
InfraRed is acquiring the business on behalf of its value-add strategy investing in companies that demonstrate long-term growth potential, supported by strong underlying fundamentals with experienced management teams. Financial terms associated with the deal were not disclosed.
“This investment represents an exciting opportunity for us to drive valu