Harvest Companions LP has introduced the sale of Service Specific, a supplier of information middle providers, to the personal fairness agency Warburg Pincus. Service Specific, primarily based in Grand Rapids, Michigan, specialises in third-party, post-warranty upkeep and managed providers for information facilities, serving purchasers throughout six continents. The sale passed off on August 15, although the businesses didn’t disclose the phrases of the deal.
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Service Specific’s Development
Service Specific provides providers that preserve and prolong the lifetime of mission-critical information middle tools. With areas throughout the USA and Europe, Service Specific serves finish prospects on six continents.
Harvest Companions stated below its possession since 2019, Service Specific has considerably expanded its international attain via a mixture of natural progress and acquisitions, together with a significant growth into Europe. The corporate has additionally broadened its service choices to incorporate hybrid cloud options.
Strategic Transfer
“We’re excited to associate with Warburg Pincus as we glance to speed up the expansion of our enterprise and meet the rising calls for of our consumer base,” stated Service Specific. “We wish to thank Harvest Companions for his or her partnership over the previous 5 years, serving to us considerably develop our income and footprint via further providers and growth throughout the US and into the UK.”
“Service Specific is a perfect match inside our portfolio as a scaled, best-in-class information middle providers platform inside the rising marketplace for mission-critical aftermarket providers,” stated Warburg Pincus.
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Warburg Pincus
Warburg Pincus is an investor in business and expertise providers, with notable investments together with Encora, Endurance Worldwide, eSentire, Evolution Knowledge Facilities, IONOS, Allied Common, Aramark, Princeton Digital Group, and Service Logic, the official launch stated.
