Angeles Equity Partners Portfolio Company Data Clean Acquires DC Canada
April 17 2024 - 7:00AM
Business Wire
Data Clean Enters Canada with its Fourth
Strategic Acquisition
Data Clean Corporation (“Data Clean”) today announced the
acquisition of DC Canada, Inc. (“DC Canada”), a provider of
decontamination services for critical environments focused on data
centers across Canada. The transaction marks Data Clean’s fourth
strategic acquisition since it was acquired by Angeles Equity
Partners, LLC (“Angeles”), a private investment firm focused on
value creation through operational transformation. Through the
acquisition, Data Clean extends its contamination control
capabilities and further penetrates another critical and rapidly
growing data center market.
Headquartered in Ontario, Canada, DC Canada has provided
specialty decontamination removal and control services since 2002.
Data Clean believes DC Canada has cultivated an exceptional
reputation, attributed to the high quality of its staff and the
services it offers to hyperscalers, internet service providers,
colocation facilities, and enterprise data center clients.
“DC Canada’s unwavering commitment to
excellence for their clients resonates deeply with Data Clean’s
values,” said Rich Hill, president of Data Clean. “Together, we
combine decades of expertise with innovative technology designed to
deliver sustainable solutions for controlled environment
decontamination in the North American market.”
DC Canada founder Bob Isbister expressed his enthusiasm about
the combination.
“When our family decided to enter this
partnership, we found in Data Clean the same commercial confidence,
dedication to growth, and loyalty to clients as DC Canada. We
believe Data Clean is the ideal partner to provide us with the
resources to capitalize on the next generation of opportunities in
Canada’s data center sector,” said Isbister.
This acquisition represents another step in Data Clean’s
strategy to grow within key domestic and international markets,
further expanding Data Clean’s operational capabilities and
improving its geographic service coverage with an experienced team
of technicians as well as tenured, blue-chip customers.
“The combination with DC Canada accelerates
Data Clean’s strategy to expand its service offering and geographic
reach within the critical environment decontamination sector,” said
Frank Spelman, managing director at Angeles Equity Partners. “We
are excited about Data Clean’s growth prospects, driven by AI
applications, edge computing growth, and cloud capacity expansion
across the North American data center market.”
Huck Bouma PC served as legal advisor to Data Clean, and Alvarez
& Marsal LLC served as financial and accounting advisor. The
terms of the transaction were not disclosed.
About Data Clean
Since 1979, Data Clean’s specialized facility maintenance
services have catered to critical environments, including datacom
settings and computer rooms, alongside laboratories and cleanrooms
via its “Sterile Science” branded division. Based in Des Plaines,
Illinois, Data Clean’s global reach is supported by full-service
branches in various international locations, including Canada, Hong
Kong, India, Mexico, Saudi Arabia, Singapore, and the UAE. For more
information on Data Clean’s offerings, visit www.dataclean.com.
About Angeles Equity Partners, LLC
Angeles Equity Partners, LLC is a specialist lower middle-market
private equity investment firm with a consistent approach that
seeks to transform underperforming industrial businesses. The
Angeles skill set drives the firm’s investment philosophy and, in
its view, can help businesses reach their full potential. Learn
more online at www.angelesequity.com.
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Trent Waterhouse info@angelesequity.com +1 623-523-1672