Mergers and Acquisitions

LightEdge Acquires Connectria to Bolster Hybrid IT Services

In a move to enhance its hybrid IT infrastructure capabilities, LightEdge will acquire Connectria, a provider of multi-cloud infrastructure and managed hosting solutions. Financial information was not disclosed.

This is technology M&A deal number 84 that ChannelE2E and MSSP Alert have covered so far in 2024. See more than 2,000 technology M&A deals for 2024, 2023, 2022, 2021, and 2020 listed here.

LightEdge, founded in 1996, is based in Des Moines, Iowa. The company has 249 employees listed on LinkedIn. LightEdge’s areas of expertise include data center, cloud management, colocation, managed services, disaster recovery, private cloud, hybrid cloud, business continuity, cloud services, IBM i, data security, compliant cloud hosting, compliance and security, and audit assistance.

Connectria, founded in 1996, is based in St Louis, Mossouri. The company has 178 employees listed on LinkedIn. Connectria’s areas of expertise include hybrid cloud infrastructure, managed AWS, IBM i cloud hosting, AIX cloud hosting, cloud migration, managed security services, cloud security and compliance, managed Azure, cloud modernization, AWS FinOps, cloud monitoring and observability, AWS migration, cloud strategy consulting, and IBM power cloud hosting.

The deal allows LightEdge to expand into multi-cloud infrastructure and managed hosting solutions, the company said. Connectria adds six data center locations to LightEdge's existing footprint of 12 facilities across eight U.S. markets, enhancing the company's infrastructure capabilities.

This move is expected to position the combined entity as a comprehensive provider in the data center and cloud infrastructure sector, capable of offering a broad range of colocation, private cloud, and public cloud services.

LightEdge Acquires Conectria: Executive Insights

Jim Masterson, CEO, LightEdge, commented:

"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. The acquisition extends LightEdge’s colocation and private cloud offering into public cloud services, while bringing together two incredibly talented and diverse teams and two highly complementary product suites, geographies, and customer bases. We expect this acquisition to further enhance our customer experience, and to that end, our top priority is to continue providing high-level service to our existing and new customers, while seamlessly integrating the companies."

Amar Patel, CEO, Connectria, added:

"LightEdge provides a perfect fit for Connectria. Both LightEdge and Connectria have established themselves as successful, fast-growing companies that prioritize security within their product sets. Both companies are also known for their strong company cultures, employee engagement and empowerment, and close ties to customers and suppliers."

Xiao Tsai, Director, GI Partners, said:

"We are excited to support LightEdge’s continued growth, geographically, through additional product offerings, and by combining our incredible teams. Connectria’s IBM and public cloud capabilities provide LightEdge with additional avenues for future growth."

About LightEdge

Founded in 1996, LightEdge itself was acquired in by private equity firm GI Partners in September 2021. The company operates seven data centers purpose-built for hybrid cloud and colocation services.

Key locations include a Des Moines, Iowa, headquarters along with sites in Kansas City; Omaha, Nebraska; Austin, Texas and Raleigh, North Carolina. This is the company’s second acquisition in a year.

This is LightHouse’s fourth acquisition since the investment by GI Partners. The company also acquired Nfinit in April 2022.