Ascenty Closes US$130 Million in New Financing and Speeds Up Investments in Brazil
Campinas, SãoPaulo, Brazil, December 2, 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. Ascenty has raised US$130 million (approximately R$325 million), and the funds will be invested 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," noted Chris Torto, founder and CEO of Ascenty. "By the end of 2015, Ascenty will have five data centers operating in Brazil. In addition, we will be expanding our 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 high density colocation, managed hosting, managed services and cloud computing. The company currently operates data centers in Campinas (SP) and Jundiai (SP), with data centers under construction or in development in the cities of Hortolândia (SP), Fortaleza (CE) and SãoPaulo (SP). The opening of two of these new data centers is planned for mid-2015 and Ascenty will start construction on its fifth data center, located in São Paulo, in the first quarter of 2015 and commence operations by early 2016. Ascenty’s existing data centers are certified Tier III by the Uptime Institute, and the new data centers under development will be built to the same quality standard based on international requirements.
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 and telecom providers in the state. For more information about Ascenty, go to www.ascenty.com.
About Great Hill Partners
Great Hill Partners is a private equity firm that manages more than $3 billion to finance the expansion, recapitalization or acquisition of companies in a wide range of sectors in business-to-business and business-to-consumer industries including software, financial and healthcare technology, media, eCommerce and internet infrastructure. Great Hill targets investments of $25 million to $150 million. For more information, please visitwww.greathillpartners.com.