Mexico City, November 26th, 2021 - KIO Networks, the leading data center and IT infrastructure service provider in Mexico and Central America, announced today that it has been successfully acquired by I Squared Capital, a leading global infrastructure fund. After announcing the agreement last August, today’s closing follows the completion of all necessary regulatory approvals.
KIO Networks is a highly specialized technology company focused on providing infrastructure services through a robust and extensive data center platform. Additionally, KIO Networks provides management and monitoring services for public, private and hybrid cloud, cybersecurity, business applications, among other services.
Sergio Rosengaus, Co-Founder and CEO of KIO Networks stated: “We are experiencing one of the best moments in the history of KIO Networks and much of this is thanks to the trust that our customers have placed in us as their preferred technology service provider. With the support from I Squared, this transaction will allow us to continue meeting our growth objectives, continue innovating, and stay at the forefront of technological development, as we have been for the past 20 years”.
KIO Networks is a core asset in I Squared’s digital infrastructure strategy in the region. KIO’s leading market position in data centers and IT infrastructure services in Mexico and Central America, and its focus on advising organizations on their transition to digital business models, ideally position the company for growth in the region, as well as to be able to continue offering its customers and users more comprehensive and personalized services.