RIO DE JANEIRO, Oct. 22, 2021 /PRNewswire/ -- Piemonte Holding
announces today that it has signed an agreement with the Private
Credit business within Goldman Sachs Asset Management to invest
equity in Elea Digital, Piemonte Holding's Brazilian edge data
centers ecosystem.
The consummation of the transaction remains subject to
regulatory and other approvals, including that of the Brazilian
antitrust authority (Cade).
The investment in Elea Digital will allow the Brazilian company
to boost the standardization of a platform of five scale data
centers, spread across five Brazilian metro-areas (Porto Alegre, Curitiba, Brasilia and São Paulo), and to further
increase geographical footprint around Latin America.
Elea Digital's primary focus is to support the development of
cloud computing and 5G technologies, by upgrading and building a
digital infrastructure that sits at the edge and extends the
central cloud within various regions of Brazil.
About Elea Digital
Founded by Piemonte Holding in 2019, Elea Digital is a data
center infrastructure platform with the differential of having wide
geographical presence across Brazil.
Elea Digital's five data centers are at the edge of the central
Latam cloud region in key Brazilian metro-areas: Porto Alegre, Curitiba, Brasília and São
Paulo.
Currently Elea Digital's core revenues derive from colocation
and cross-connectivity infrastructure services provided to a wide
range of customers, mainly concentrated in the information
technology, telecom, banking, media, and public sectors.
About Piemonte Holding
Headquartered in Rio de Janeiro,
Brazil, Piemonte Holding is a financial group founded in
2012. Piemonte holding provides highly sophisticated services to
selected clients and invests its own capital to foster a
sustainable digitalization of the economy.
Piemonte Holding endeavors to excellence and ethical values in
any transaction it engages with, employing above benchmark
competences to design and manage large scale projects, driven by
technological innovation as well as infrastructure and economic
development.
About Goldman Sachs Asset Management Private Credit
Bringing together traditional and alternative investments,
Goldman Sachs Asset Management provides clients around the world
with a dedicated partnership and focus on long-term performance. As
the primary investing area within Goldman Sachs (NYSE: GS), we
deliver investment and advisory services for the world's leading
institutions, financial advisors and individuals, drawing from our
deeply connected global network and tailored expert insights,
across every region and market—overseeing more than $2 trillion in assets under supervision worldwide
as of September 30, 2021. Driven by a
passion for our clients' performance, we seek to build long-term
relationships based on conviction, sustainable outcomes, and shared
success over time. Goldman Sachs Asset Management invests in the
full spectrum of alternatives, including private equity, growth
equity, private credit, real estate and infrastructure. Established
in 1996, the Private Credit business within Goldman Sachs Asset
Management is one of the world's largest private credit investors
with over $75 billion in assets
across direct lending, mezzanine debt, hybrid capital and
asset-based lending strategies. Our deep industry and product
knowledge, extensive relationships and global footprint position us
to deliver scaled outcomes