Olympus Partners Expands Growth Strategy with Acquisition

Olympus Partners Acquires Accelevation to Enhance Fund VIII

Olympus Partners is excited to announce a significant milestone in their investment journey with the acquisition of Accelevation. This company is known for its robust infrastructure products and services tailored specifically for the data center market. Accelevation provides an innovative vertically integrated approach that includes white space design, custom manufacturing, and comprehensive installation services to a range of clients, including hyperscale, co-location, and enterprise customers.

About Accelevation

Headquartered in Miamisburg, Accelevation boasts over 500,000 square feet of manufacturing capacity. The company plays a crucial role in serving all major data center markets. Their commitment to delivering tailored solutions makes them a valuable partner for various customers looking for efficiency and reliability in data center services.

A Strategic Investment

With this acquisition, Olympus Partners takes its first step towards enhancing the Olympus Growth Fund VIII. Matt Boyd, a partner at Olympus, expressed enthusiasm about the partnership, saying, "Accelevation’s innovative, customer-focused offerings align seamlessly with our growth strategy. We believe that together we can drive substantial growth in the ever-evolving data center service landscape."

Leadership Insights

Michael Rubiera, the President and CEO of Accelevation, shared his thoughts on the significance of this partnership. He noted, "Joining forces with Olympus signifies a vital turning point for Accelevation. Their extensive industry insight and abundant resources will be essential as we broaden our capabilities and enhance our product offerings for our clientele."

Understanding Olympus Partners

Founded in 1988, Olympus Partners is a distinguished private equity firm dedicated to providing equity capital for middle-market management buyouts, along with investments in growing companies. They manage over $11 billion, primarily on behalf of corporate pension funds, endowments, and state-sponsored retirement programs. Olympus is renowned for being an engaged, long-term investor across various sectors, including industrial services, consumer products, and healthcare services.

Olympus's Team Contributions

The acquisition was a team effort with contributions from key Olympus personnel, including Matt Boyd, Matt Bujor, and Marty Durkin. The legal representation included Matt Goulding and Matt Dunnet from Kirkland & Ellis LLP, alongside Candice Lockhart from KPMG, who played a vital role in orchestrating this partnership.

Future of Accelevation

As Accelevation integrates with Olympus, the expectations for growth and expansion are high. This alliance positions Accelevation to tap into new markets and enhance service delivery for its existing customer base. Their combined efforts are geared towards optimizing performance and innovating in the data center products and services sector.

Frequently Asked Questions

What is the significance of Olympus Partners acquiring Accelevation?

This acquisition represents Olympus's inaugural investment from its Growth Fund VIII and aims to enhance the service offerings in the data center market.

What services does Accelevation provide?

Accelevation specializes in providing infrastructure products and services, including white space design, custom manufacturing, and installation services.

Who are the key people involved in the acquisition?

Notable individuals include Matt Boyd, Partner at Olympus, and Michael Rubiera, President and CEO of Accelevation, along with legal representatives from Kirkland & Ellis and KPMG.

What industries does Olympus Partners invest in?

Olympus invests across a wide range of sectors including business services, consumer products, healthcare, and manufacturing.

How does this acquisition impact Accelevation's future?

The partnership positions Accelevation for significant growth, enabling them to expand their capabilities and enhance their product offerings.

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