Dominus Capital, L.P. and affiliates have completed their investment in global digital infrastructure authority Uptime Institute.
Terms of the transaction were not disclosed.
Founded in 1993, Uptime provides assessment, certification, and consulting services for owners, operators, and users of digital infrastructure, and also provides education, accreditation, and membership network services for data centre professionals and organisations.
The company primarily serves financial institutions, telecom, colocation, government, and cloud markets on a global basis.
Martin V. McCarthy, CEO of Uptime, said: “We are excited to work with Dominus to accelerate the global growth of Uptime Institute through further geographic expansion, new service offerings, and strategic acquisitions.
“As we look forward to this next phase, I personally want to thank our long-term financial partner, MLR Holdings, for their guidance and strategic support for over a decade.”
Uptime has awarded over 2,300 certifications for data centres in over 100 countries. It has also trained and accredited more than 10,000 data centre professionals over the years.
Bob Haswell, Founding Partner at Dominus Capital, added: “We’re thrilled to partner with Martin and the Uptime management team. Uptime is the undisputed market leader worldwide, with results-oriented solutions for mission critical data centres, the true digital foundries and factories of the Internet economy.
“We are excited about the scale opportunities ahead for the company, both organically and through add-on acquisitions, and are committed to help Uptime exploit them.”
Houlihan Lokey served as the exclusive financial advisor and assisted in marketing, structuring, and negotiating the transaction on behalf of Uptime.
Faegre Drinker Biddle & Reath LLP served as legal advisor to Uptime. White & Case LLP served as legal advisor to Dominus.