Alpine Investors launches improvement services platform; KKR headlines six recent data center deals

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Alpine Investors launches improvement services platform; KKR headlines six recent data center deals

Happy Friday, dealmakers!

It’s Rafael Canton here on the Wire for the first time.

This morning, we have a look at a recent rise in data center-related deals over the past two months involving firms such as KKR and GI Partners.

We also have some deals that caught our eye late yesterday, one involving Renovus Capital Partners and the other featuring Alpine Investors, then a brief look at how relationships can impact dealmaking.

Governance

Premier International, a portfolio company of Renovus Capital Partners, acquired Information Asset, a New Jersey-based data governance and risk management firm.

Residential

Alpine Investors launched Vertex Services Partners, a Charlotte, North Carolina-based residential home improvement services platform.

For ongoing coverage of deal announcements reported by Iris Dorbian throughout the day, see PE Hub’s news in briefsection.

Data Storage

There have been a significant number of deals centered around data centers, which have seen an increase in usage thanks to the evolution of technology.

I looked at six deals involving data centers that have been announced in the past two months.

Read about the deal on the premium version of the Wire.

Relationships are at the heart of dealmaking

Earlier this week, my conversation with RedBird Capital Partners about its significant minority investment in rental Go Rentals was published. I spoke to RedBird’s founder, managing partner and chief investment officer, Gerry Cardinale and partner, Andrew Lauck about the deal.

Left off the cutting room floor was something Gerry said that stuck with me. In my less than three months covering private equity, I’ve seen how important relationships can be to dealmaking.

Read about the deal on the premium version of the Wire.

On that note, I’ll sign off for today. MK Flynn will be back with the Wire on Monday. Have a nice weekend.

If you want to keep the conversation going or have any thoughts, please email me at rafael.c@pei.group.

Thanks,

Rafael

Read the full wire commentary on PE Hub ...

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