May 22, 2018

Private investment firm VSS invests in data center company QuadraNet

The investment seeks to expand VSS’ share in the IT market in the USA by leveraging QuadraNet’s data center network in the region.

Share this articleShare on Facebook
Facebook
Share on Google+
Google+
Tweet about this on Twitter
Twitter

Private investment firm Veronis Suhler Stevenson (VSS) have invested in U.S-based data center company QuadraNet in order to gain market share in the region. With this investment, VSS will be leveraging QuadraNet’s large data center network in the U.S. to penetrate the SMB segment.

According to VSS, QuadraNet’s progress in the SMB segment of the U.S. market has been impressive and they intend to explore growth opportunities in the same. They also believe that VSS can leverage QuadraNet’s network to support their vision for growth in the market.

With this investment,  VSS claim that they will be able to diversify their portfolio and offer a wide range of solutions such as managed services, private and public cloud solutions, IaaS deployments, traditional co-location and IP transit services. They say that customers will be able to gain access to QuadraNet’s virtual POPs (Points-of-Purchase) at New York, Virginia, Missouri, Arizona and overseas in Amsterdam.

Speaking about this investment, Trent Hickman, Managing Director at VSS, commented:

QuadraNet has grown impressively and we see a terrific opportunity to assist them in further expanding their reach and deepening their penetration of existing markets.

We are thrilled to partner with Ilan Mishan and the strong team he has built over the years. We’re excited to leverage our experience in their next phase of strong growth.

QuadraNet say that they are delighted with this investment. Explaining the same, Ilan Mishan, CEO of QuadraNet said:

We look forward to working with the VSS team, leveraging their experience in IT and cloud services to propel QuadraNet’s growth.

VSS’s investment will be key in expanding geographically and providing our clients with even higher levels of service and satisfaction.

Share this articleShare on Facebook
Facebook
Share on Google+
Google+
Tweet about this on Twitter
Twitter