Ascenty Closes US$130MM in New Financing and Speeds Up Investments in Brazil
Campinas, São Paulo – Brazil – November 28, 2014 – Ascenty Data Centers has announced the closing of new financing from both private equity funds in the United States and debt sources in Brazil. The total raised value, US$ 130 million (approximately R$ 325 million), will be allocated to accelerating investments in the expansion of the company’s infrastructure in Brazil. DH Capital, a New York based Investment firm, assisted the company in its capital raising efforts.
“We are starting 2015 with three new data centers under construction in the country: two in São Paulo and one in the Northeast”, reveals Chris Torto, founder and CEO of Ascenty. He adds, “By the end of 2015, Ascenty will have five data centers operating in Brazil. In addition, the company will expand its fiber-optic network from 3,000 kilometers to over 4,500 kilometers by the end of 2015.”
With multiple data centers in operation, Ascenty offers Data Center and Telecom infrastructure, providing clients with services of high density colocation, managed hosting, managed services and cloud computing. The same quality standard, based on the international requirements of the Uptime Institute Tier III Certification, are being replicated by the company in the other data centers currently under construction in the cities of Hortolândia (SP), Fortaleza (CE) and São Paulo (SP). The opening of two of these new data centers is planned for mid-2015. In the first quarter of 2015, Ascenty will start construction on its fifth data center, located in São Paulo, which is scheduled to commence operations by the beginning of 2016.
Ascenty is comprised of Data Centers and Telecommunications units that provide colocation, managed hosting, cloud computing, hybrid environments, managed services and telecommunication services. The company has multiple Data Centers all certified Tier III by the Uptime Institute as well as world-class certifications such as SSAE 16, ISAE 3402, PCI and ISO 27001. Ascenty owns approximately 3,000 km of fiber-optic networks in the state of São Paulo, which connect the company’s data centers to the main data centers in the state and telecom providers.
For more information about Ascenty, go to www.ascenty.com.
About DH Capital
DH Capital is a private investment banking partnership serving companies in the Internet infrastructure, communications, and SaaS sectors. Headquartered in New York City with offices in Boulder, Colorado, the firm’s principals have extensive experience and proven abilities in capital formation, finance, research, business development, and operations. DH Capital provides a full range of advisory services to companies and financial institutions, including mergers and acquisitions, private capital placements, financial restructuring, and operational consulting. DH Capital has completed 120 M&A transactions and private capital placements totaling more than $9.9 billion in value.
For additional information about DH Capital, please visit our website at www.dhcapital.com.