Kester Capital, the UK lower mid-market private equity specialist, has announced its investment in DC Byte, a leading global market intelligence and analytics provider for data centre operators, developers, investors, advisers and suppliers.
International law firm Osborne Clarke advised Kester Capital on the transaction. The team was led by private equity partner Tim Hewens and included senior associate Lottie Brewster and associate Harry Stewart. Partner David Nisbet and associate director Robert Thomas provided tax advice on the transaction.
DC Byte, founded by CEO Ed Galvin, is a fast-growing business that has built a highly differentiated subscription-based offering through its data centre focused market intelligence and analytics platform. This proprietary data and insight rich service provides users with a comprehensive global database, updated and validated in real time, alleviating critical customer pain points caused by the lack of reliable and transparent information. DC Byte is headquartered in London, with operations in Europe, Asia, and North America.
Earlier this month Osborne Clarke also advised Kester Capital and the Management Team on the sale of Vixio Regulatory Intelligence to European private equity investor, Perwyn. The company serves over 400 customers globally, including operators, regulators, technology, providers, and law firms.