Grain Management Acquires Majority Stake In Toronto Data Center In Partnership With Stratcap

Jun 15, 2023•about 2 years ago

Acquiring Company

Grain Management

Acquired Company

Toronto Data Center

Description

Grain Management, LLC ("Grain"), investment firm and solutions provider to the global broadband industry, has announced the acquisition of 55 Hereford Street, Brampton, Ontario. The property is a state-of-the-art, 127,000 square foot, Tier III data center located in a premier market just outside of Toronto near Canada's largest carrier hotel and interconnection center. The acquisition is in partnership with StratCap, a global investment management platform focused on digital infrastructure.

Company Information

Company

Grain Management

About

Grain Management, LLC is a leading private investment firm that focuses on broadband infrastructure and technology companies that connect the world to the information economy. Founded in 2007, Grain invests exclusively in the telecommunications sector, employing a rigorous, data-based process buoyed by deep industry expertise to identify investment opportunities in key areas of telecommunications infrastructure, including fiber networks, wireless spectrum, and cell towers. For more information visit www.graingp.com.

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M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed