Harvest Companions LP has introduced the sale of Service Specific, a supplier of information heart 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 shoppers throughout six continents. The sale came about on August 15, although the businesses didn’t disclose the phrases of the deal.
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Service Specific’s Development
Service Specific presents providers that keep and lengthen the lifetime of mission-critical information heart tools. With areas throughout the US and Europe, Service Specific serves finish prospects on six continents.
Harvest Companions stated beneath its possession since 2019, Service Specific has considerably expanded its international attain by a mix of natural development and acquisitions, together with a significant enlargement into Europe. The corporate has additionally broadened its service choices to incorporate hybrid cloud options.
Strategic Transfer
“We’re excited to accomplice with Warburg Pincus as we glance to speed up the expansion of our enterprise and meet the growing 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 by extra providers and enlargement throughout the US and into the UK.”
“Service Specific is a perfect match inside our portfolio as a scaled, best-in-class information heart providers platform throughout the rising marketplace for mission-critical aftermarket providers,” stated Warburg Pincus.
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Warburg Pincus
Warburg Pincus is an investor in industrial and know-how providers, with notable investments together with Encora, Endurance Worldwide, eSentire, Evolution Information Facilities, IONOS, Allied Common, Aramark, Princeton Digital Group, and Service Logic, the official launch stated.
