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TRANSACTION DETAILS

Care Factor
 
 
December 2009
Source: Care Factor

Care Factor - The Data Centre Company - announces its partnership with Sverica International

Care Factor's partnership with Sverica International marks an important milestone in the company history. As you know Care Factor is a leading IT infrastructure solutions provider in Canada, offering a full lifecycle of data centre services to businesses, including designing, building, maintaining, relocating and co-locating data centre facilities. We serve leading enterprise across industries, including energy, utilities, financial services, online media, and government. With our headquarters in Calgary, Alberta and additional offices in Vancouver, Edmonton, Winnipeg and Toronto, we are continuing with our "customer-first" approach to Care Factor clients across the country. This transaction with Sverica will help Care Factor to accelerate its growth, by fueling the long term development of its infrastructure, building its board and supporting the management team with Sverica's strategic and analytical assistance. Sverica's commitment will support Care Factor's expansion plans and make us even more valuable as a strategic partner to our clients.

Frank Young, Managing Director at Sverica International says: "Care Factor is clearly the leading, full-service data centre company in its region. The deep talent base, robust technical facilities, customer orientation and ability to serve clients flexibly across the full spectrum of data infrastructure services, are just a few attributes of Care Factor's successful track record. We are thrilled to have the opportunity to partner with this team and are committed to working with them to evolve their comprehensive offerings and expand their infrastructure to ensure continued growth."

About Care Factor - The Data Centre Company

Care Factor provides companies with IT infrastructure solutions including co-location, design and build, facilities management, business resumption, relocation, and value added services.

Sverica International is a leading private equity firm with over $425 million of assets under management across three funds. The firm acquires, invests in and actively builds companies that are, or could become, leaders in their industries. Since 1993 Sverica has maintained a "high touch" operating philosophy of taking an active role in portfolio companies. Sverica devotes significant internal resources to help its management teams develop and execute growth strategies.