... News ... Information for the media ...

BPM Mezzanine Fund provided financing for expansion and refinancing of the leading Baltic data center services provider

BPM Mezzanine Fund provided financing for expansion and refinancing of the leading Baltic data center services provider
DEAC | 05.10.2016 | Rating

BPM Mezzanine Fund SICAV-SIF, SCA (BPM) has invested in the leading Baltic data center operator DEAC to support its growth. The investment is used for purchase of additional IT equipment for its growing customer base and expansion of Company’s core infrastructure, as well as refinancing part of existing liabilities. DEAC has built over the years a very strong platform in terms of technical infrastructure as well as product portfolio. The company has among its clients a number of industry leaders in the Baltics, Russia and internationally.


 

BPM Mezzanine Fund DEAC

Commenting on the deal, the CEO of DEAC, Mr. Andris Gailitis, noted that with the help of BPM the company is now very well positioned to further strengthen its foothold in its core markets Latvia, Russia, Poland, Ukraine, Lithuania, Estonia and can pursue more aggressive expansion route. “We believe our product portfolio which ranges from cloud services to complex custom-made data security solutions is very competitive.”

Partner of BPM Capital, Mr. Martin Reinson added: “We appreciate highly the opportunity to work with one of the market leaders in the Baltics. DEAC has demonstrated flexibility and ambition to grow in such competitive market. The management team has been deeply involved in shaping the local data center services landscape over the past 17 years and combines a unique skillset needed to succeed. We look forward to cooperating with DEAC and are eager to support their expansion plans.”

More information about BPM Capital

BPM Capital (www.bpmcapital.eu) is an independent investment manager operating out of two offices, in Tallinn and Warsaw. It has been founded and is managed by Kalmer Kikas, Martin Reinson, Paweł Zabrzycki and Priit Veering. BPM is supported by prominent international and domestic institutional investors. BPM was originated through the Baltic Innovation Fund initiative created by cooperation between Estonia, Latvia, Lithuania and the European Investment Fund. Portfolio companies include MarkIT, Optometrijas Centrs, Eskaro and DEAC.

More information about DEAC

DEAC (www.deac.eu) is one of the largest independent data center operators in Northern Europe. It provides secure data center services to more than 2,500 customers worldwide. Since 1999, DEAC business venture is orientated toward providing complete data center services, from customer's requirements to tailor-made IT solutions. The Company operates two physical data centers in Riga with a total of 300 server racks now and 400 more in next stage, POPs in London, Frankfurt, Amsterdam, Moscow and Kiev. DEAC offers a wide range of IT solutions that allows DEAC customers to protect their businesses and achieve optimal cost reduction by analyzing business needs in accordance with the company strategy and its long-term business objectives.

For further enquiries, please contact:

BPM Capital: Martin Reinson, tel: +372 605 0072, e-mail: martin.reinson@bpmcapital.eu
DEAC: Andris Gailitis, tel: +371 6707 2100 e-mail: AGailitis@deac.eu


Back




Rating

IT Business Solutions DEAC
Reliable data centers

Excellent safety standards and excellent quality of service.

IT Business Solutions DEAC
Experienced IT experts

Professional and certified IT support 24/7. 

IT Business Solutions DEAC
Industry leader

A trusted partner for 2500 customers from 40 countries, acknowledged service provider in Europe.

IT Business Solutions DEAC
Data security 24/7

The highest level of data protection against all types of threats.

deac-partners-logo

This website uses cookies

We are informing You that cookies are used in this website. Cookies are used in order to recognize users and collect site visitation data. By proceeding to use this site, You agree, that we will collect and use cookies in Your device. You can withdraw Your consent to cookie use at any time by deleting the saved cookies.
Close