Manulife Investment Management has acquired a controlling interest in Serverfarm, a global innovator in data center development, operation and management.
The deal was closed on behalf of Manulife Infrastructure Fund II and its affiliates, with ongoing financial support from Manulife IM and NantCapital. Financial terms were not disclosed.
Serverfarm is a global leader in data center management as-a-service (DMaaS). Serverfarm currently operates a portfolio of eight data centers across North America, Europe and Israel that aggregates more than 1.5 million gross square feet and 125 megawatts of IT capacity, and it has secured additional land for future data center developments.
The transaction will enable Serverfarm to accelerate the expansion of its data center portfolio and enhance the market reach of InCommand, its cloud-based DMaaS platform, which already manages more than 750 sites. The platform serves enterprises, cloud services and commercial data center pr