Lafayette Square, a national investment platform, served as a financial partner to DartPoints in its acquisition of Venyu. Headquartered in Dallas, DartPoints is a provider of colocation, cloud and cybersecurity services for edge markets. The acquisition of Venyu, a data center and cloud services provider based in Baton Rouge, LA, expands DartPoints into the South Central U.S. region, growing its portfolio to 11 data centers across 10 U.S. markets, five states and three regions.
“DartPoints’ focus on serving the needs of customers and end-users in mid-size edge markets is well-aligned with Lafayette Square’s theory of change,” Aquil Stinson, director at Lafayette Square, said. “We look forward to supporting the team’s vision and future growth plans.”
“This financing supported the continued success and expansion of our business,” Scott Willis, CEO of DartPoints, said. “It is clear that the team at Lafayette Square understands our mission and our growth potential as we continue to address the growing need for data center infrastructure and cloud services in mid-size edge markets across the U.S.”
