Acquiring ODATA through aligned data centers

Expansion into Latin America is aligned with the upcoming transaction

FREMONT, CA: Aligned Data Centers today announced the execution of a definitive agreement to acquire ODATA, a data center service provider offering scalable, reliable, and flexible IT infrastructure in Latin America, from Patria Investments and other selling stakeholders. In connection with the acquisition, Aligned, which is majority owned by funds managed by Macquarie Asset Management, entered into a definitive agreement to receive a structured minority investment in ODATA from funds managed by SDC Capital Partners (SDC), an operationally focused digital infrastructure investment firm, with extensive experience developing, owning, and operating hyperscale data centers globally, including in Latin America.

Aligned provides innovative, sustainable, and adaptive Scale Data Center solutions for global hyperscale and enterprise customers. In full buildout, the company will have approximately 2 GW of space across 30 sites, putting it among the largest private data centers in the Americas.

ODATA operates hyperscale data centers in Brazil, Colombia, Mexico, and Chile, and has additional centers under construction across the region. ODATA is one of the fastest-growing hyperscale data center platforms in Latin America. ODATA's commitment to renewable energy and sustainable design practices aligns with Aligned's ESG vision as well as its scalable, flexible, and ultra-connected IT infrastructure solutions. Hyperscale customers demand 100% green energy, which is why the company is supplying 100% green energy in Brazil and is structuring a solution for becoming self-producers of renewable energy.

The acquisition combines a significant growth runway for expansion and a proven ability to deliver capacity at maximum speed, with regional expertise and partnerships, enhanced fiscal resources, and a resilient supply chain, to deliver a world-class data center platform that meets the demands of our global hyperscale and enterprise customers, states Andrew Schaap, CEO of Aligned Data Centers. Were excited to welcome Ricardo and the ODATA team to the Aligned fold and look forward to fostering our joint commitments to customer centricity and operational excellence as we embark on the next phase of innovation and growth.

The ODATA team and I are very excited to be joining Aligned Data Centers, adds Ricardo Al¡rio, CEO of ODATA. The strategic merger of the ODATA and Aligned platforms will provide customers with a broader base of both available and expansion capacity in key locations across the Americas, as well as additional breadth of experience and depth of knowledge across an expanded team of infrastructure experts. We look forward to accelerating the growth of our platform with Aligned and setting a successful cultural course focused on customer and staff centricity, innovation, and operational excellence.

ODATA is an exceptional platform created by Patria Investments seven years ago in the fast-growing data center market. We are proud to see that the Company rapidly evolved from a startup to one of the leading players in the Latin American market, serving the most prominent cloud providers in Brazil, Chile, Colombia, and Mexico, comments Felipe Pinto, Infrastructure Partner at Patria Investments.

Patrias executive also highlights the fact that Aligned Data Centers' acquisition of ODATA represents the company's ability to develop powerful infrastructure platforms across Latin America.

Data centers need to be scalable to support growing densities with maximum efficiency as a result of high-performance computing, Internet of Things, Big Data, and Artificial Intelligence.

A preferred equity investment managed by SDC will be funded by Aligned alongside the transaction. For this transaction, SMBC, MUFG, Deutsche Bank, and Nomura served in the role of joint lead arrangers.