Combined Company Becomes One of the First U.S. Infrastructure Providers Offering Colocation, Private Cloud, and Public Cloud
DES MOINES, Iowa — April 2, 2024 — LightEdge, a leading provider of secure cloud and colocation for nearly three decades, has entered into an agreement to acquire Connectria, a provider of multi-cloud infrastructure and managed hosting solutions serving mission-critical workloads for more than 400 customers. Connectria adds six data center locations to LightEdge’s existing footprint of 12 highly interconnected facilities across eight U.S. markets. The acquisition — LightEdge’s fourth since GI Partners’ investment in 2021 — is the latest demonstration of LightEdge’s strong and growing leadership role in the data center and cloud infrastructure sector.
“With this acquisition, LightEdge becomes one of the only secure and compliant infrastructure providers in the country offering both hybrid colocation and tailored multi-cloud solutions,” said LightEdge CEO Jim Masterson. “The acquisition extends LightEdge’s colocation and private cloud offering into public cloud services, while bringing together two incredibly talented and diverse teams and two highly complementary product suites, geographies, and customer bases. We expect this acquisition to further enhance our customer experience, and to that end, our top priority is to continue providing high-level service to our existing and new customers, while seamlessly integrating the companies.”
Connectria’s deep experience in IBM, AWS, and Microsoft Azure public cloud hosting complements LightEdge’s strengths in delivering colocation, enterprise cloud, connectivity, and enhanced network security.
Connectria CEO Amar Patel said LightEdge provides a perfect fit for Connectria. “Both LightEdge and Connectria have established themselves as successful, fast-growing innovators that put security first within their product sets,” he said. “Both companies are also known for their strong company cultures, employee engagement and empowerment, and close ties to customers and suppliers.”
“We are excited to support LightEdge’s continued growth, geographically, through additional product offerings, and by combining our incredible teams,” added Xiao Tsai, Director of GI Partners. “Connectria’s IBM and public cloud capabilities provide LightEdge with additional avenues for future growth.”
The transaction is expected to close before the end of April.
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