I Squared Capital to Acquire KIO Networks

I Squared Capital, via its ISQ Global Infrastructure Fund III and ISQ Growth Markets Infrastructure Fund, has inked a deal for the acquisition of KIO Networks, one of Mexico’s largest digital infrastructure service providers.

As stated, KIO is a leader in Mexico and also has a formidable regional presence across Central America and the Caribbean. It operates a wide-ranged network of 11 core data center campuses and 11 EDGE facilities. The firm also has over 20 megawatts of installed operational capacity, with the capability to expand beyond that in the coming future.

“Mexico is a core component of our Latin American strategy and this investment in KIO Networks continues our commitments to digital infrastructure, where we have committed over $3 billion1 across six investments around the world,” said Adil Rahmathulla, Managing Partner at I Squared Capital. “Our global digital infrastructure portfolio connects millions of people across four continents through a diverse set of assets including data centers, fiber networks, and cellular sites,” he added.

KIO Networks offers infrastructure-related solutions via its vast platform of data centers. The firm also provides managerial support services for Cloud, cybersecurity, and business applications. With an experience spanning over two decades, KIO Networks has gained a strong stand as a leading provider of carrier-neutral colocation services and has developed a highly diverse ecosystem of clients, spread across sectors such as telco, tech, financial services, corporations, and governments.