MIAMI, August 02, 2021--(BUSINESS WIRE)--I Squared Capital, through its ISQ Global Infrastructure Fund III and ISQ Growth Markets Infrastructure Fund, has signed an agreement to acquire KIO Networks, a leading digital infrastructure service provider in Mexico. The company is the largest data center operator in Mexico, with a strong regional presence in Central America and the Caribbean through an extensive network of 11 core data center campuses and 11 EDGE facilities, with over 20 megawatts of installed operational capacity and significant expansion potential.
"Mexico is a core component of our Latin American strategy and this investment in KIO Networks continues our commitments to digital infrastructure, where we have committed over $3 billion1 across six investments around the world," 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."
KIO Networks is a specialized digital infrastructure company providing infrastructure-related services through a robust and extensive platform of data centers. The company also offers managed services for Cloud, cybersecurity, and business applications. Through two decades of providing carrier-neutral colocation services, the company has built a highly diverse ecosystem of clients including hyperscaler, telco, technology, financial, corporate, and government customers.
KIO’s robust set of assets, strong customer depth and diversification, and experienced management team, position the company to capture the rapid growth in demand for data storage and anchor the development of the I Squared Capital digital infrastructure strategy in Mexico and the rest of Latin America.
1 Including co-investments in digital infrastructure assets managed by I Squared Capital.
About I Squared Capital: I Squared Capital is an independent global infrastructure investment manager focusing on utilities, digital infrastructure, energy, transport and social infrastructure in North America, Europe, Latin America, and Asia. Headquartered in Miami, the firm also has offices in Hong Kong, London, New Delhi, and Singapore.
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