Care Factor, a Canadian provider of IT infrastructure solutions, has raised an undisclosed amount of growth capital funding from Sverica International.
Care Factor – The Data Centre Company – has received a growth capital investment from Sverica International. Care Factor is a leading IT infrastructure solutions provider in Canada, and offers a full lifecycle of data center services to businesses, including designing, building, maintaining, relocating and co-locating data center facilities. Care Factor serves leading enterprises across industries, including energy, utilities, financial services, online media, and government. The Company is headquartered in Calgary, Alberta, with additional offices in Vancouver, Edmonton, Winnipeg and Toronto.
For Care Factor, the Sverica investment marks an important milestone in the Company’s history. “This transaction with Sverica will help us to accelerate our growth, by fueling the long term development of our infrastructure, building our board and supporting our management team with Sverica’s strategic and analytical assistance,” stated Ecky Pilz, CEO of Care Factor. “Sverica’s commitment will support our expansion plans and make us even more valuable as a strategic partner to our customers.”
Frank Young, Managing Director at Sverica International, commented: “Care Factor is clearly the leading, full-service data center 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.”
Care Factor’s Board of Directors will include Kevin Brandon, co-founding partner at Blackpoint Equity Partners, the current board Chairman of Peak 10, Inc and a former director of Switch and Data Facilities Co. He indicated he was enthused about joining the board, stating: “Care Factor is very well positioned to capitalize on continued strong secular growth in outsourced data center and managed services in their geographic region, particularly given their excellence in customer service and their local orientation.”
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. For more information, please visit www.carefactor.com.
About Sverica International
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. For more information, please visit www.sverica.com.