Latest news with #DartPoints

Associated Press
30-04-2025
- Business
- Associated Press
NOVA Infrastructure Invests in DartPoints to Accelerate Growth and Expand Strategic Infrastructure
DartPoints owns and operates colocation data centers across ten Tier 2 and Tier 3 markets NEW YORK and DALLAS, April 30, 2025 /PRNewswire/ -- NOVA Infrastructure ('NOVA'), a middle-market infrastructure investment firm, announced today that it has completed a majority investment in DartPoints, a leading provider of secure, high-performance data center solutions for enterprises. NOVA's investment includes a significant growth capital component designed to scale DartPoints' platform and expand its footprint through targeted investments in capacity expansion and strategic M&A to meet market demand. 'We're excited to partner with a best-in-class data center management team and platform serving a diverse and growing base of enterprise customers,' said Chris Beall, Managing Partner at NOVA. 'We look forward to growing the business and capitalizing on the significant opportunity in DartPoints' target markets, which benefit from shifting demand trends and the decentralization of digital workloads.' DartPoints provides essential IT services to both retail and wholesale customers through a distributed network of data center facilities. The company serves more than 900 enterprise customers, including major universities, hospital systems and Fortune 500 companies, from 11 data centers in 10 markets in South Carolina, North Carolina, Ohio, Indiana and Louisiana. With the transaction, DartPoints acquired the underlying real estate in DartPoints' Greenville, SC; Baton Rouge, LA; and Asheville, NC data centers, further transitioning to ownership of its strategic facilities. As part of the transaction, existing sponsor Astra Capital Management will retain a meaningful minority stake in the business, demonstrating continued confidence in the company's long-term growth strategy. Orion Infrastructure Capital ('OIC') has also joined as a lender and investment partner, providing a senior secured credit facility and participating as a minority equity investor. NOVA and OIC's commitments to DartPoints total more than $250 million of capital. 'We're entering a new phase of growth centered on infrastructure ownership, operational control and strategic market expansion,' said Scott Willis, CEO of DartPoints. 'We've always believed that Tier 2 and Tier 3 markets deserve the same digital capabilities as Tier 1 metros. This transaction positions us to bring scalable, secure infrastructure closer to the demand wherever it's needed, especially as data-intensive workloads take hold across industries. We are thrilled to work with NOVA to efficiently and effectively grow our business.' Brian Kirschbaum, Partner at Astra Capital Management, said, 'Astra is proud to have partnered with and to continue supporting DartPoints as it builds the leading provider of high-performance data centers outside of Tier 1 markets. The company is uniquely positioned to meet the industry's distributed data center needs.' Bank Street Group served as exclusive M&A advisor, Houlihan Lokey advised on the debt financing, and Sheppard Mullin and Debevoise & Plimpton served as legal counsel to DartPoints. Winston & Strawn served as legal counsel for NOVA and Vinson & Elkins served as legal counsel for OIC. About DartPoints DartPoints is a leading provider of high-performance enterprise colocation, cloud, managed service solutions enabling advanced workloads including artificial intelligence, machine learning, and high-performance computing. Listed on the Inc. 5000 as one of the fastest-growing privately held companies in the U.S., DartPoints empowers businesses with enterprise-grade infrastructure, operational resilience, and low-latency connectivity. Learn more at About NOVA Infrastructure Founded in 2018, NOVA ( ) is a value-added, middle market infrastructure investment firm focused on North America. NOVA seeks to make investments that pair the downside protection features of the infrastructure asset class with operationally focused, value-added upside strategies. NOVA targets investments in environmental services, transportation, energy/energy transition, and digital sectors. About OIC With approximately $5 billion in assets under management, OIC invests in North America and select international markets. OIC's unique partnership approach – for entrepreneurs, by entrepreneurs – cultivates creative credit, equity, and growth capital solutions to help middle market businesses scale and deploy sustainable infrastructure. About Astra Capital Management Astra Capital Management is a Washington, DC-based, investment firm that invests in growth businesses in the communications and technology services sectors. Astra targets highly scalable companies with proven business models that have positive free cash flow and significant growth potential. Post investment, Astra works closely with managers to drive value creation. Media Contacts DartPoints Jaymie Scotto & Associates (JSA) +1 866.695.3629 ext. 19 [email protected] NOVA Infrastructure Ellen DeGiusti [email protected] View original content to download multimedia: SOURCE DartPoints
Yahoo
24-03-2025
- Business
- Yahoo
DartPoints Welcomes Andre van Zijl as Chief Revenue Officer to Drive Enterprise Sales Growth
DALLAS, March 24, 2025 /PRNewswire/ -- DartPoints, a leading provider of high-performance, scalable colocation and interconnection solutions, announces the appointment of Andre van Zijl as its new Chief Revenue Officer (CRO). With more than two decades of experience leading high-performing sales organizations, van Zijl will spearhead DartPoints' transition from a regionally focused sales approach to a dynamic enterprise sales strategy. Van Zijl brings a proven track record of success in strategic sales leadership, revenue growth, and enterprise account expansion. Most recently, he served as Senior Vice President, Head of Sales at Bluewave Technology Group, where he led a team of regional sales VPs, integrated 15 acquisitions, and developed a go-to-market strategy that significantly increased customer engagement and revenue. Prior to that, van Zijl held leadership roles at Cologix Inc., where he expanded the company's channel program, secured strategic partnerships, and grew sales by more than 40% year over year. "Andre's expertise in scaling sales organizations, optimizing revenue strategies and building successful enterprise partnerships is exactly what DartPoints needs as we enter our next phase of growth," said Scott Willis, CEO of DartPoints. "We are confident that his leadership will empower our sales team to secure new opportunities in the enterprise market and position DartPoints as a key player in data center colocation and connectivity." As CRO, van Zijl will be responsible for expanding DartPoints' enterprise sales strategy, strengthening customer relationships and accelerating revenue growth across key markets. His ability to develop and execute high-impact go-to-market strategies will be instrumental in driving DartPoints' continued success. "I'm thrilled to join DartPoints at such an exciting time in the company's growth," said van Zijl. "DartPoints' mission to deliver scalable and strategic colocation and cloud solutions aligns perfectly with my passion for helping businesses optimize their IT infrastructure. I look forward to working with the team to drive revenue growth, elevate our sales organization and expand our enterprise customer base." For more information about DartPoints and its innovative high-performance data center solutions, visit About DartPointsDartPoints® is a leading provider of colocation, cloud, cybersecurity, and enabler of advanced solutions, including artificial intelligence, machine learning, and high-performance computing and is listed as one of Inc. 5000's fastest-growing privately owned companies in the U.S. Visit us online at and connect with us on LinkedIn. For media inquiries, please contact:Jaymie Scotto & Associates (JSA)+1 866.695.3629 ext. 19jsa_dartpoints@ View original content to download multimedia: SOURCE DartPoints Sign in to access your portfolio