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QualityTech's Partnership with General Atlantic Provides Capital to Accelerate Growth |
QualityTech’s Partnership with General Atlantic Provides Capital to Accelerate Growth $150 Million Investment for Leading Cloud Computing Provider Will Support Development of Data Centers and Managed Services Platform Suwanee, GA Oct. 27, 2009 – Quality Technology Services (QualityTech), one of the nation’s largest privately-held providers of data center facilities and managed services, announced today a new investment partnership with global growth investor General Atlantic LLC (GA). Under terms of the partnership, GA will invest $150 million into QualityTech. The investment will be used to grow existing and new data centers and continue development of the managed services platform.
“Our new partnership with General Atlantic, one of the world’s largest growth equity investors, directly supports QualityTech’s longstanding singular focus on strategically expanding our nationwide data center footprint and service offerings,” said Chad Williams, Chairman and CEO of QualityTech. “GA has deep experience in the business services and technology sector, a proven track record as a long-term growth partner, and shares our commitment to offering our customers the best data center solutions the industry has to offer.” |
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Last Updated ( Tuesday, 27 October 2009 )
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A Diverse Portfolio of Companies |
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Headquartered in Overland Park, Kansas, Quality Group of Companies is a real estate development organization focused on mission-critical and government leased facilities. Quality owns, manages and operates more than 2-million square feet of mission-critical and government leased real estate throughout the country, with a market value of over half-a-billion dollars. The mission of our entities-To acquire, capitalize and reposition complex development real estate and business assets into up to date technologically advanced individual centers that can be made available to current and future clients with the highest level of in-house support.
To serve as a full-service technology company providing the ultimate in managed services, colocation and data-center services, IT operational support and professional services to our clients.
To provide a wide range of leasing and financing solutions to better serve our customers in the area of technology, automotives, and office furniture.
To continue to grow our private equity division and its visionary focus of exploring new real estate investment/development opportunities in the high-growth areas of emerging technologies, special-use facilities and business start-ups.
To cultivate a culture of excellence and expertise in providing distinctive and ergonomically effective office interiors and furnishings in order to maximize productivity and creativity in the workplace.
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Last Updated ( Thursday, 30 April 2009 )
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