General Atlantic Takes Stake in Brazilian Data Center

General Atlantic Takes Stake in Brazilian Data Center

Brazil M&A

General Atlantic has acquired a minority stake in Aceco TI, a leading Brazilian data center provider, it says. The acquisition will give the US private equity firm 2 seats on the board of the Brazilian company responsible for building more than 500 data centers in Brazil and Latin America as a whole, says a spokeswoman for General Atlantic. The partners decline to discuss additional details of the transaction including the total amount paid and the size of the stake. JPMorgan advised Aceco TI on

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