#United States #Olympus Partners #Accelevation #Fund VIII #Miamisburg

Olympus Partners Expands Portfolio with Acquisition of Accelevation

On January 2, 2025, Olympus Partners declared the acquisition of Accelevation, a prominent supplier of infrastructure products and services catering specifically to the data center industry. This strategic move serves as the inaugural investment from Olympus's Growth Fund VIII, signaling a strong commitment to expanding their footprint in an ever-evolving market.

Accelevation is renowned for its vertically integrated solutions that encompass essential services like white space design, custom manufacturing, and installation. With an impressive manufacturing capacity exceeding 500,000 square feet, the company operates out of Miamisburg, Ohio, servicing all significant data center markets including hyperscale, colocation, and enterprise clients.

Olympus Partner, Matt Boyd, expressed his enthusiasm about the acquisition, commenting, "We are excited to partner with Accelevation as our first investment in Fund VIII. Their innovative one-stop solution and commitment to customer satisfaction perfectly align with our investment philosophy. We eagerly anticipate supporting their ongoing growth in the dynamic data center services sector.”

Michael Rubiera, President and CEO of Accelevation, reflected on the collaboration, stating, “Joining forces with Olympus marks a significant milestone for us. Their profound industry insights and extensive resources will be vital as we enhance our capabilities and product offerings to better cater to our customers.”

This acquisition comes at a pivotal time for the data center market, where the demand for robust, efficient infrastructure continues to surge. As organizations increasingly transition to digital environments, having reliable partners like Accelevation ensures clients are equipped to meet present and future challenges.

The transaction highlights the cohesive team at Olympus, which included Matt Boyd, Matt Bujor, and Marty Durkin. Legal representation for Olympus was provided by Matt Goulding and Matt Dunnet from Kirkland & Ellis LLP, with financial advisory support from KPMG, represented by Candice Lockhart.

About Olympus Partners

Founded in 1988, Olympus Partners is a prominent private equity firm focused on providing capital solutions for middle-market management buyouts and growing companies. With over $11 billion in assets under management, they cater primarily to corporate pension funds, endowment funds, and state-sponsored retirement programs. Olympus has actively invested in various sectors, including business services, food services, healthcare, and manufacturing, showcasing their versatility in market engagements.

About Accelevation

Specializing in data center solutions, Accelevation stands out for its comprehensive offerings that streamline the deployment of infrastructure services. With a focus on customization and efficiency, they enable a seamless experience for hyperscale, colocation, and enterprise customers, keeping pace with the continual growth of data center demands.

As Olympus Partners drives its investments forward, the synergy created through this acquisition promises to significantly impact the standards of service within the data center infrastructure landscape. With ongoing enhancements and innovations on the horizon, both Olympus and Accelevation are poised for a future of expansive growth and opportunity.