GI Partners

Ryan Sullivan Joins Lincoln Property Company as National Data Center Group Leader

Retrieved on: 
Tuesday, March 26, 2024
Professional Services, Business, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Lincoln, Landmark, Real estate, Organization, Digital Realty, GI Partners, Tenant, Acquisition, AI, University, Capital market, Property, Machine learning

Lincoln Property Company ("Lincoln"), a global, full-service real estate firm , announced that Ryan Sullivan has joined the company as Executive Vice President and National Data Center Group Leader, overseeing Data Center Investments and Capital Markets.

Key Points: 
  • Lincoln Property Company ("Lincoln"), a global, full-service real estate firm , announced that Ryan Sullivan has joined the company as Executive Vice President and National Data Center Group Leader, overseeing Data Center Investments and Capital Markets.
  • In this new role, Mr. Sullivan will be responsible for broadening the firm’s data center offering, by partnering with Lincoln’s national commercial and industrial platforms to identify and execute on data center opportunities across the country, including new investments, development, leasing and third-party services for institutional investors, data center operators and end users.
  • Mr. Peck, who founded the practice 15 years ago, will continue to serve as an advisor supporting both Lincoln’s legacy data center assets and the transition of the data center platform leadership to Mr. Sullivan.
  • John Greenwood and Brent Streetman, two leading experts within Lincoln’s national Data Center group, will directly report to Mr. Sullivan, who is based in Dallas.

LightEdge to Acquire Connectria, Enhancing Hybrid IT Infrastructure Capabilities

Retrieved on: 
Tuesday, April 2, 2024
Cloud, Cloud computing, IBM, Microsoft, AWS, Azure, Microsoft Azure, GI Partners, Empowerment, Growth, Acquisition, Internet service provider

DES MOINES, Iowa, April 2, 2024 /PRNewswire/ -- 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.

Key Points: 
  • 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.
  • "Both LightEdge and Connectria have established themselves as successful, fast-growing innovators that put security first within their product sets," he said.
  • "Connectria's IBM and public cloud capabilities provide LightEdge with additional avenues for future growth."

LLCP Welcomes Back Jarett Moyse as Managing Director

Retrieved on: 
Wednesday, February 28, 2024
NYU, Leveraged buyout, Investment, UBS, GI Partners, Financial services

LOS ANGELES, Feb. 28, 2024 /PRNewswire/ -- Levine Leichtman Capital Partners ("LLCP"), a Los Angeles-based private equity firm, announced today that Jarett Moyse has rejoined the firm as a Managing Director.

Key Points: 
  • LOS ANGELES, Feb. 28, 2024 /PRNewswire/ -- Levine Leichtman Capital Partners ("LLCP"), a Los Angeles-based private equity firm, announced today that Jarett Moyse has rejoined the firm as a Managing Director.
  • Mr. Moyse will focus on originating, executing and managing investments.
  • Mr. Moyse was previously an investment professional with LLCP from 2016-2020 and brings over a decade of investing experience.
  • Michael Weinberg and Matthew Frankel, Managing Partners of LLCP, jointly commented, "We are thrilled to welcome Jarett back to the LLCP team.

Digital Realty Reports Fourth Quarter 2023 Results

Retrieved on: 
Thursday, February 15, 2024
Acquisition, PAR, Corporate action, Sale, Digital, Blackstone Inc., Realty Income, Digital Realty, GI Partners

During the fourth quarter, Digital Realty signed definitive agreements with Brookfield Infrastructure Partners L.P., Cyxtera Technologies and Digital Core REIT to successfully resolve the relationship with Cyxtera.

Key Points: 
  • During the fourth quarter, Digital Realty signed definitive agreements with Brookfield Infrastructure Partners L.P., Cyxtera Technologies and Digital Core REIT to successfully resolve the relationship with Cyxtera.
  • Realty Income initially invested approximately $200 million to acquire an 80% equity interest in the venture, while Digital Realty maintains a 20% interest.
  • Further during the fourth quarter, Digital Realty exercised its option to purchase approximately 19 acres of land (PAR 8 – 11) in Paris, France for approximately €70 million or $77 million.
  • In addition, during the fourth quarter, Digital Realty closed on the acquisition of approximately three acres adjacent to its existing campus near Athens, Greece for approximately €6 million or $6 million.

Alex Munoz Joins Galvanize Climate Solutions As Vice President of Asset Management

Retrieved on: 
Thursday, February 8, 2024
Commercial Building & Real Estate, Construction & Property, Sustainability, Environment, Environmental, Social and Governance (ESG), Asset Management, Socially Responsible Investing, Professional Services, Multimedia, Real estate, GI Partners, ESG, Investment, Galvanization, Real, Muñoz, BSBA, Goldman Sachs, Business, Asset management

Galvanize Climate Solutions (“Galvanize”), the climate-focused global investment firm, today announced the appointment of Alex Munoz to Vice President of Asset Management for the firm’s sustainable real estate investment strategy .

Key Points: 
  • Galvanize Climate Solutions (“Galvanize”), the climate-focused global investment firm, today announced the appointment of Alex Munoz to Vice President of Asset Management for the firm’s sustainable real estate investment strategy .
  • Munoz will be responsible for improving cash flow and increasing value of the real estate investments through capital investment and sustainability initiatives.
  • View the full release here: https://www.businesswire.com/news/home/20240208977229/en/
    Alex Munoz joined Galvanize Climate Solutions this week as Vice President of Asset Management for the firm’s sustainable real estate investment strategy.
  • Alex brings over a decade of commercial real estate asset management experience, having worked for some of the largest global institutional platforms including Goldman Sachs and PGIM Real Estate.

Pantheon Promotes Two to Partner, Enhances Senior Investment and Investor Relations Team Leadership

Retrieved on: 
Monday, January 22, 2024
Professional Services, Finance, PineBridge Investments, Partners Group, Investment, Product strategy, Lead, GI Partners, Security (finance)

Pantheon, a leading global private markets investor, is pleased to announce three senior promotions as part of its annual promotion round, enhancing leadership in the firm’s Investment and Investor Relations teams.

Key Points: 
  • Pantheon, a leading global private markets investor, is pleased to announce three senior promotions as part of its annual promotion round, enhancing leadership in the firm’s Investment and Investor Relations teams.
  • Justin Mallis is promoted to Partner in Pantheon’s Global Investor Relations team, where he leads the firm’s product strategy and campaign management function.
  • Cecile Ross is promoted to Managing Director in the US Private Equity Investment team, where she focuses on primary fund commitments and co-investments and is a member of Pantheon’s US Investment Committee.
  • Prior to joining Pantheon, David was a senior member of the real estate team at GI Partners overseeing its real estate platform investment and management activity.

LightEdge Acquires Top-Tier High Density Data Center in Minneapolis

Retrieved on: 
Wednesday, January 17, 2024
Cloud, Type 2, ISO, ISO 20000, LEED, HIPAA, Electricity, Insurance, HITRUST, NIST, Silver, Software, SOC, ITAR, ISO 22301, Acquisition, Health, PCI DSS, Minneapolis–Saint Paul International Airport, PCI, CJIS, GI Partners, Growth, Renewable energy

DES MOINES, Iowa , Jan. 17, 2024 /PRNewswire/ -- LightEdge, a leading provider of secure cloud and colocation, proudly announces its strategic entry into Minneapolis with the acquisition of an Uptime Tier III Design Certified 76,000-square-foot, 3.6 MW data center in Chaska, Minnesota. With a commitment to power client innovation through secure cloud solutions, the team will make a significant investment to deploy its enterprise LightEdge Cloud, fully redundant network, cloud on-ramps and managed services to local businesses.

Key Points: 
  • The Minneapolis data center is part of Minnesota's Data Center Tax Incentive program which offers substantial cost savings and up to 40% reductions in total occupancy costs.
  • Only 25 miles from Minneapolis-Saint Paul International Airport, the facility houses 30,000 square feet of data hall space across three private data center suites.
  • The Minneapolis data center has capacity available immediately, and it can readily support AI workloads with 50+ KW racks and high-density deployments.
  • LightEdge is planning to hire additional sales and support staff in the Minneapolis market as the team expands operations.

BusPatrol Announces Significant Strategic Growth Investment from GI Partners

Retrieved on: 
Tuesday, January 9, 2024
Slate, Student, LLP, School, Country, Safety, Child, Law enforcement, Ropes & Gray, GI, GI Partners, Growth, Asset management

Lorton, VA, Jan. 09, 2024 (GLOBE NEWSWIRE) -- BusPatrol, the largest school bus safety technology provider, today announced a significant growth investment from GI Data Infrastructure.

Key Points: 
  • Lorton, VA, Jan. 09, 2024 (GLOBE NEWSWIRE) -- BusPatrol, the largest school bus safety technology provider, today announced a significant growth investment from GI Data Infrastructure.
  • GI Partners joins FIT Ventures as investors in BusPatrol.
  • BusPatrol partners with school districts, law enforcement agencies, and municipalities to deter illegal and dangerous passes of stopped school buses.
  • Karoon Monfared, Chief Executive Officer at BusPatrol, said, “GI Partners’ meaningful investment is a testament to our differentiated offering, our operational excellence, and most importantly, our customer impact.

Sameer Agrawal Named Chief Executive Officer of ORBCOMM

Retrieved on: 
Monday, January 8, 2024
SAP, Culture, Software as a service, GI Partners, Internet of things, Growth, Management

ROCHELLE PARK, N.J., Jan. 08, 2024 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (“ORBCOMM” or the “Company”), a leading global provider of supply chain IoT technology, today announced that Sameer Agrawal has joined the Company as Chief Executive Officer (CEO) and a member of the Board of Directors. Mr. Agrawal will succeed Marc Eisenberg, who will take on a new role as Executive Chairman of ORBCOMM’s Board of Directors. GI Partners, a leading investor in data infrastructure businesses, acquired ORBCOMM in September 2021 in a take-private transaction.

Key Points: 
  • ROCHELLE PARK, N.J., Jan. 08, 2024 (GLOBE NEWSWIRE) -- ORBCOMM Inc. (“ORBCOMM” or the “Company”), a leading global provider of supply chain IoT technology, today announced that Sameer Agrawal has joined the Company as Chief Executive Officer (CEO) and a member of the Board of Directors.
  • Mr. Agrawal will succeed Marc Eisenberg, who will take on a new role as Executive Chairman of ORBCOMM’s Board of Directors.
  • GI Partners, a leading investor in data infrastructure businesses, acquired ORBCOMM in September 2021 in a take-private transaction.
  • “As CEO, I look forward to building upon the outstanding foundation Marc and his team have established at ORBCOMM,” said Mr. Agrawal.

Atlas Technical Consultants Announces Leadership Change, Names Jacqueline Hinman Chief Executive Officer

Retrieved on: 
Monday, January 8, 2024
Private equity, Acquisition, GI Partners, Stanford University, CH2M, IP, Engineering, Growth, International Paper, Pennsylvania State University, Senior, Management

AUSTIN, Texas, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Atlas Technical Consultants (Atlas), a leading infrastructure and environmental solutions provider, announced today the appointment of Jacqueline (Jacque) Hinman as Chief Executive Officer.

Key Points: 
  • AUSTIN, Texas, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Atlas Technical Consultants (Atlas), a leading infrastructure and environmental solutions provider, announced today the appointment of Jacqueline (Jacque) Hinman as Chief Executive Officer.
  • Hinman replaces retiring Chief Executive Officer L. Joe Boyer.
  • Ms. Hinman serves as a member of the Board of Directors of Dow (NYSE: DOW) and International Paper (NYSE: IP).
  • Ms. Hinman is a civil engineering graduate of Penn State University and attended the Stanford University Executive Program.