Ascenty, a provider of data center and telecom services in Brazil, received an equity investment from funds managed by Blackstone Tactical Opportunities.
The amount of the deal was not disclosed.
The company, which is also backed by Great Hill Partners, intends to use the funds to accelerate growth plans, including the construction of additional data centers in Brazil and Latin America.
Founded in 2010 by Chris Torto, Chief Executive Officer, Ascenty provides large scale, high density data center infrastructure to global technology firms. In addition, the company has a proprietary 4,000 km fiber network that interconnects its data centers with the major telecom operators, data centers and peering points in Brazil.