- With this new investment, MedOne plans to expand its data center portfolio to meet growing demand
- MedOne’s majority shareholder is Taavura
- Berkshire invests in technology, consumer, healthcare, and services and industrials companies
MedOne, an Israeli provider of colocation data center infrastructure, has secured an undisclosed amount of funding. The investors were Berkshire Partners and the van Rooyen Group.
MedOne’s majority shareholder is Taavura.
Founded in 1997, MedOne operates over 25,000 square meters of data center capacity across four underground sites in Israel, with additional sites under development. With this new investment, MedOne plans to expand its data center portfolio to meet growing demand.
“As a company that has been leading the Israeli data center market for the past 22 years, this is a significant milestone, which will enable us to expand our services to even more Israeli and multinational companies as well as to accelerate our in-process expansion facility development,” stated Ronnie Sadeh, CEO of MedOne, in a statement. “We will also continue to provide high quality services to our customers and to invest in our best-in-class talent, technology, and data center architecture.”
Moelis & Company and EBN advised MedOne. Jefferies LLC, Weil Gotshal & Manges LLP, and Herzog Fox & Neeman advised Berkshire Partners and the van Rooyen Group.
MedOne’s clients include some of the world’s largest technology companies, Israeli enterprises, financial institutions, government ministries, and telecom and security entities.
Based in Boston, Berkshire Partners has made more than 145 private equity investments since its inception. The private equity firm invests in technology, consumer, healthcare, and services and industrials companies.