SAN FRANCISCO, Aug. 2, 2017 /PRNewswire/ -- GI Partners ("GI")
announced today that its portfolio company, Peak 10, Inc. ("Peak
10) has completed the $1.675 billion
acquisition of ViaWest, Inc. ("ViaWest") from Shaw Communications
Inc. (TSX: SJR.B; NYSE: SJR), creating a leading scale provider of
colocation, connectivity, cloud, and managed solutions. GI
Partners, a former investor in ViaWest, acquired Peak 10 in 2014
and will remain the majority shareholder of the combined
company.
The combined company's operations span 20 domestic and
international markets. Peak 10 and ViaWest's 4,200 customers will
benefit from the expanded value proposition of the combined entity,
including enhanced cloud and interconnection capabilities, highly
redundant data centers, and back office and operational support
systems automation.
GI Partners has a successful history of investing in the IT
infrastructure sector. Since 2001, GI has invested in several IT
infrastructure businesses, including Digital Realty Trust, The Telx
Group, and SoftLayer Technologies.
About Peak 10 and ViaWest
Peak 10 + ViaWest is a powerful combination that helps
organizations optimize their journey of IT transformation while
simultaneously balancing cost, scalability, compliance and
security. Its 4,200 customers trust it to deliver hybrid IT
infrastructure solutions spanning colocation, interconnection,
cloud, managed solutions and professional services. Peak 10 +
ViaWest's robust suite of assets span 20 domestic and international
markets and is comprised of 40 highly-redundant data centers, 2.7
million square feet of data center space, 13 cloud nodes and more
than 10,000 cross connects. These capabilities, coupled with over
1,000 dedicated employees, underlie the steadfast reliability of
its solutions. For more information on Peak 10, please
visit www.peak10.com. For more information on ViaWest, please
visit www.viawest.com.
About GI Partners
GI Partners is a leading private investment firm based in
San Francisco. The firm has raised
$16 billion in capital through
private equity and real estate strategies from recognized
institutional investors across the globe. GI Partners' private
equity team is active in several sectors, including IT
Infrastructure, Healthcare, Software, and Services. For more
information on GI Partners and its entire portfolio, please visit
www.gipartners.com.
Media
Contact:
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Chris
Tofalli
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Caroline
Schimmelbusch
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Public
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Investor
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914-834-4334
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415-688-4817
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chris@tofallipr.com
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caroline@gipartners.com
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SOURCE GI Partners