Dominus Capital, L.P. and affiliates have completed their investment in Uptime Institute, the global digital infrastructure authority. Uptime provides assessment, certification, and consulting services for owners, operators, and users of digital infrastructure, and also provides education, accreditation, and membership network services for data center professionals and organizations.
Uptime primarily serves financial institutions, telecom, colocation, government, and cloud markets on a global basis. Founded in 1993, Uptime is a true data center industry pioneer, having created the universally recognized and proprietary Tier classification system for data center design, construction, and operations.
“We are excited to work with Dominus to accelerate the global growth of Uptime Institute through further geographic expansion, new service offerings, and strategic acquisitions. As we look forward to this next phase, I personally want to thank our long-term financial partner, MLR Holdings, for their guidance and strategic support for over a decade,” said Martin V. McCarthy, CEO of Uptime.
Bob Haswell, Founding Partner at Dominus Capital, added “We’re thrilled to partner with Martin and the Uptime management team. Uptime is the undisputed market leader worldwide, with results-oriented solutions for mission critical data centers, the true digital foundries and factories of the Internet economy. We are excited about the scale opportunities ahead for the Company, both organically and through add-on acquisitions, and are committed to help Uptime exploit them.”
Terms of the transaction were not disclosed.
Houlihan Lokey served as the exclusive financial advisor and assisted in marketing, structuring, and negotiating the transaction on behalf of Uptime. Faegre Drinker Biddle & Reath LLP served as legal advisor to Uptime. White & Case LLP served as legal advisor to Dominus.
