Astra Capital Management and NOVA Infrastructure announced investments into DartPoints to the tune of $250 million. #pressrelease
April 30, 2025
NOVA Infrastructure ("NOVA"), a middle-market infrastructure investment firm, announced today that it has completed a majority investment in DartPoints, a leading provider of secure, high-performance data center solutions for enterprises. NOVA's investment includes a significant growth capital component designed to scale DartPoints' platform and expand its footprint through targeted investments in capacity expansion and strategic M&A to meet market demand.
DartPoints provides essential IT services to both retail and wholesale customers through a distributed network of data center facilities. The company serves more than 900 enterprise customers, including major universities, hospital systems and Fortune 500 companies, from 11 data centers in 10 markets in South Carolina, North Carolina, Ohio, Indiana and Louisiana. With the transaction, DartPoints acquired the underlying real estate in DartPoints' Greenville, SC; Baton Rouge, LA; and Asheville, NC data centers, further transitioning to ownership of its strategic facilities.
As part of the transaction, existing sponsor Astra Capital Management will retain a meaningful minority stake in the business, demonstrating continued confidence in the company's long-term growth strategy. Orion Infrastructure Capital ("OIC") has also joined as a lender and investment partner, providing a senior secured credit facility and participating as a minority equity investor. NOVA and OIC's commitments to DartPoints total more than $250 million of capital.
Read the full press release here.
You May Also Like
