I Squared Capital Acquires KIO Networks

iCapital Network Acquires Axio Financial

September 21, 2021

Financial Services

iCapital Network has entered into a definitive agreement to acquire Axio Financial LLC, a provider of end-to-end services to the U.S. structured notes market. The acquisition will expand iCapital's alternative investment product menu, technology stack, education and distribution capabilities for financial advisors; terms were not disclosed and the deal was expected to close in Q4 2021.

I Squared Capital Acquires Priority Power from Ara Partners and Oaktree

July 30, 2024

Energy

Funds advised by I Squared Capital (ISQ Global Infrastructure Fund III) have agreed to acquire Priority Power Management, a Texas-based energy management and infrastructure solutions provider, from Ara Partners, Oaktree Capital and other shareholders. Priority Power's CEO Brandon Schwertner will remain in place and the investment is intended to accelerate the company’s growth and expansion of its private transmission, distribution and energy services across the U.S.

I Squared Capital Acquires GTT's Infrastructure Division for $2.15 Billion

October 16, 2020

Telecommunications

I Squared Capital agreed to acquire GTT Communications' infrastructure division for $2.15 billion. The sale transfers a global fiber network, transatlantic subsea cables and data center/colocation assets to I Squared (later relaunched as EXA Infrastructure), allowing GTT to refocus on its capex‑light cloud networking business.

East Los Capital Makes Majority Growth Equity Investment in IO Connect Services

November 8, 2023

IT Services

East Los Capital has made a majority growth equity investment in IO Connect Services to support expansion of the company's service offerings and engineering staff. IO Connect, an AWS Advanced Tier Partner founded in 2016, will use the investment to accelerate cloud migrations, managed services, cybersecurity and digital transformation work for SMBs and digitally native businesses.

Xoriant Acquires CloudIO to Expand Digital Transformation Capabilities

April 18, 2019

Software

Xoriant Corporation has acquired CloudIO, an enterprise-grade provider of no-code applications for IoT automation, supplier collaboration, and financial statement analysis. The acquisition brings CloudIO's pre-built application framework and marquee customer relationships into Xoriant to accelerate the company's digital transformation offerings.

Bain Capital Acquires 80% Stake in AQ Compute

October 30, 2024

Infrastructure

Bain Capital has acquired an 80% majority stake in sustainability-focused data center developer AQ Compute from Germany-based Aquila Group, forming a partnership to accelerate the buildout of green data centers across Europe. The investment targets multi-billion euro development volumes to expand AQ Compute’s modular, AI-ready colocation capabilities for hyperscale, cloud and AI customers.