News & media Cordiant Portfolio Company Expands Scale and Capabilities in Fast-Growing Data Services Market
Cordiant Digital Infrastructure Limited (CDIL), a Core+ vehicle managed by Cordiant Capital and listed on the London Stock Exchange (LSE ticker:CORD), today announced that its Czech portfolio company, České Radiokomunikace a.s. (“CRA”), has agreed to acquire a pair of businesses from Aricoma a.s. in the data centre and cloud services market, Cloud4com and DC Lužice.
The transaction, which represents a significant advance in both the scale and capability of CRA in the Czech Republic’s fast-growing data services market, demonstrates Cordiant’s active management approach through its “Buy, Build and Grow” strategy.
Cloud4com is a leading cloud services provider in the Czech Republic, providing private cloud and associated services for enterprise customers. These cloud services are enabled by Virtix, a software platform developed in-house by Cloud4Com.
DC Lužice is a Tier III data centre facility strategically located in the “digital Danube” triangle, that is centred on Brno-Vienna-Bratislava. The facility, which is owned and has 85 racks, is currently 32% utilised, newly renovated and located in a highly secure private site.
Said Benn Mikula, CEO of Cordiant Capital: “These acquisitions mark an important step in CRA’s continued growth in the Czech data centre and cloud services market. They add capabilities and capacity to an already strong team. This market segment is increasingly important to CRA’s revenue mix.”
Said, Miloš Mastník, CEO of CRA: “These transactions are an important milestone for CRA as we continue to diversify our operations into high growth areas such as data centres and cloud services. Cloud4com has achieved a leading market position in the Czech Republic and we see a clear strategic fit and synergistic value in adding Cloud4com and DC Lužice to CRA. We expect these assets to contribute strong revenue growth going forward and we anticipate capturing margin expansion due to increasing operating leverage. We look forward to working with the Cloud4com management team to further develop and grow the combined data centres and cloud businesses and cement CRA’s leadership position in that area of the market.”
Media:
Brunswick Group
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CordiantCapital@Brunswickgroup.com
About Cordiant Capital
Cordiant is a specialist global infrastructure and real assets manager with a sector-led approach to providing growth capital solutions to promising mid-sized companies in Europe, North America and selected global markets. Since the firm’s relaunch in 2016, Cordiant–a partner-owned and partner-run firm–has developed a track record of exceeding mandated investment targets for our clients.
Cordiant focuses on the next generation of infrastructure and real assets: sectors (digital infrastructure, energy transition infrastructure and the agriculture value chain) characterised by growth tailwinds and technological dynamism. In addition, Cordiant applies a strong sustainability and ESG overlay to its investment activities.
With a mix of managed funds offering both value-add and core strategies in equity and direct lending, our sector investment teams (combining seasoned industry executives with traditional private capital investors) work with investee companies to develop innovative, tailored financing solutions backed by a comprehensive understanding of the sector and demonstrated operating capabilities. In this way, Cordiant aims to provide value to LPs seeking to complement existing infrastructure equity and infrastructure debt allocations.
Cordiant has offices in Montreal, London, São Paulo and Luxembourg.
Press Release Disclaimer:
The risks associated with investing in Cordiant Digital Infrastructure Limited (the “Fund”) are outlined in the prospectus and in the Fund’s annual and interim reports, which may be viewed at www.cordiantdigitaltrust.com. These risks are based upon the Fund’s investment objectives and strategies and describe the material risks of investing in that fund under normal market conditions when considering the Fund’s portfolio as a whole, not each individual investment within the portfolio. The material and information provided therein does not constitute investment advice and is for informational purposes only. It is not a solicitation to buy or sell any of the securities or fund(s) mentioned herein. It does not take into account any investor’s particular investment objectives, strategies or tax status. Professional advisors should be consulted before making any investment decision
Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. Cordiant Capital and its affiliates do not make any representation or warranty, express or implied, as to the accuracy, completeness or updated status of such statements. Therefore, in no case whatsoever will Cordiant Capital and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages. The forward-looking statements are not historical facts but reflect Cordiant’s current expectations regarding future results or events. These forward-looking statements are made as of the date of this document and are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although when making a forward-looking statement, Cordiant, as the case may be, believe that the assumptions inherent in this statement are reasonable, forward-looking statements are not guarantees of future performance.
