Aligned Data Centers has just announced that it has enter a definitive agreement with Patria Investments and other selling stakeholders to acquire ODATA, a Latin America data center service provider.

Marking the Aligned’s entry into Latin America, the transaction is to be funded by the company alongside an equity investment from funds managed by SDC Capital Partners (“SDC”), an operationally focused digital infrastructure investment firm, however, the financial terms were not disclosed.

“The acquisition combines a significant growth runway for expansion and a proven ability to deliver capacity at maximum speed, with regional expertise and partnerships, enhanced fiscal resources, and a resilient supply chain, to deliver a world-class data center platform that meets the demands of our global hyperscale and enterprise customers,” said Andrew Schaap, CEO of Aligned Data Centers.

“We’re excited to welcome Ricardo and the ODATA team to the Aligned fold and look forward to fostering our joint commitments to customer centricity and operational excellence as we embark on the next phase of innovation and growth.”

Expected to close in early 2023, the acquisition is to position Aligned as one of the largest private data center operators in the Americas with a footprint spanning approximately 2GW across 30 sites including located across Brazil, Colombia, Mexico, and Chile, as well as additional data centers currently under development across the region.

“The ODATA team and I are very excited to be joining Aligned Data Centers. The strategic merger of the ODATA and Aligned platforms will provide customers with a broader base of both available and expansion capacity in key locations across the Americas, as well as additional breadth of experience and depth of knowledge across an expanded team of infrastructure experts,” said Ricardo Alário, CEO of ODATA. 

“We look forward to accelerating the growth of our platform with Aligned and setting a successful cultural course focused on customer and staff centricity, innovation, and operational excellence.”

Recently, Aligned Data Centers also announced its expansion in Phoenix with the acquisition of two new lands. Aligned is planning to develop two mega data center campuses on the lands with the expectation of delivering a total of over 400MW load capacity and approximately 2 million square feet to the market.