KKR to Acquire Data Center Operator Aceco TI (Latin America)
Posted On: 01 Apr 2014 | Source: Kohlberg Kravis Roberts & Co.
Global investment firm Kohlberg Kravis Roberts & Co. (KKR) has announced it will acquire Brazil-based data center operator Aceco TI from global growth equity investment firm General Atlantic and other shareholders. KKR will make its investment in partnership with Aceco CEO Jorge Nitzan, who will hold a significant minority stake in the company and continue to manage the business in his current role. KKR will structure the investment through its eleventh North American private equity investment fund. Financial details of the transaction, which is subject to customary regulatory approvals and other closing conditions, were not disclosed.