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Mergers & Acquisitions

GI Partners-backed LightEdge acquires Cavern Technologies

September 23, 2021

LightEdge, a provider of colocation, cloud and managed service solutions, announced this week the acquisition of Cavern Technologies, an enterprise-grade data center provider based in Kansas City.

Cavern Technologies was founded in 2007 as Kansas City’s first colocation data center and today is the largest colocation provider in the area. 

“We are proud to now be an integral part of LightEdge,” said John Clune, co-founder and CEO of Cavern Technologies. With this combined synergy, we look forward to better serving Cavern’s existing customers with a full suite of cloud and managed services, plus data center capacity in four additional markets.”

Earlier this month, LightEdge Solutions was acquired by private investment firm GI Partners.

“This is the first acquisition under our new ownership by GI Partners, and we are very pleased to acquire an outstanding company such as Cavern to expand our existing footprint in Kansas City,” said Jim Masterson, CEO of LightEdge.  “John Clune and his team have built a tremendous brand and reputation in the market.  This acquisition unlocks new opportunities for us and further positions LightEdge as a leading infrastructure provider in the Midwest.  We are actively looking to expand our presence throughout the U.S. and are excited about the prospect of future acquisitions.”

Terms of the deal were not disclosed. Masterson said the company is “actively looking” to expand its presence throughout the US and is excited about the prospect of future acquisitions.

Previous coverage

LightEdge acquired by private investment firm GI Partners -Sept. 14, 2021

LightEdge opens a second data center, now needs a deep talent pool -Sept. 28, 2017

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GI Partners-backed LightEdge acquires Cavern Technologies | Clay & Milk
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