I Squared Capital has acquired KIO Networks, Mexico’s largest data-center operator.
KIO Networks provides 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 has more than 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 billion 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.”
He added, “The KIO Networks acquisition expands our data center footprint within our global digital infrastructure portfolio by addin