Aug 14, 2018
CentriLogic secures strategic equity investment from TriSpan Opportunities Fund and Long Point Capital with a team led by Matthew Tevlin and Adrian Myers of Torkin Manes LLP
On June 13, 2018, CentriLogic, a global provider of managed IT solutions, announced that it secured a significant equity investment from TriSpan Opportunities Fund and Long Point Capital. Financial terms of the investment were not disclosed.
CentriLogic intends to use the new investment to support its strategy of delivering end-to-end managed hosting, private network, and application management solutions to mid and large-sized enterprises globally.
New York based TriSpan is an independent global alternative investment manager established in 2015 with the backing of leading family groups from the US, Europe and the Middle East. TriSpan Opportunities Fund offers deal-by-deal co-investment opportunities on a formulaic basis.
With offices in New York and Michigan, Long Point Capital is currently investing from Long Point Capital Fund III with $240 million of capital in partnership with TriSpan.
Torkin Manes LLP represented CentriLogic Inc., its shareholders and affiliated entities in Canada with a team led by Matthew Tevlin and Adrian Myers and including Dania Mastrorillo, Nicholas Dempsey (corporate/M&A), Kay Leung (tax), Fay Sulley and Leslie McGowran (banking).
To read the complete details in Lexpert Magazine, please click here.
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