Founded in 1989 and based in San Diego, NFINIT specializes in data center, cloud, security, connectivity, and managed services for a range of clients in U.S. Southwest. The company is now acquired by U.S. managed hosting and colocation provider LightEdge. Financial details of the acquisition were not disclosed.
In the Midwest, Texas, and the Southwest, LightEdge owns and manages eleven purpose-built data centers. This is LightEdge’s second acquisition in the last year, solidifying the company’s leading position in compliant cloud and colocation.
“We are extremely pleased to join forces with a very talented and quality NFINIT team,” said Jim Masterson, Chief Executive Officer (CEO) at LightEdge. “Thanks to NFINIT’s reputation as the incumbent and largest colocation operator in the San Diego market, this strategic acquisition positions LightEdge for continued expansion to further grow our North American presence.”
The NFINIT Team
According to the companies, LightEdge and NFINIT have shared a same commitment for delivering clients with the most secure enterprise cloud and colocation services while preserving strong corporate cultures and deep links to their clients, suppliers, and communities.
“At NFINIT, we have worked to build a customer base that relies on world-class IT services around the clock,” said Phil Kenney, Chief Executive Officer (CEO) at NFINIT. “We are excited to come together with LightEdge to continue providing the quality service we have over the years. The combination of LightEdge and NFINIT brings a customer and employee focused company, driving intelligent outcomes for our clients and their businesses.”
“LightEdge brings a passion for excellence and an innovative approach to deliver the best facilities, client experience, and overall commitment to our new and existing customers,” added Mr. Masterson. “The NFINIT team and their capabilities are an outstanding addition to our continued leadership in the ever-evolving IT ecosystem.”
In conjunction with this transaction, Bank Street acted as NFINIT’s exclusive financial advisor.