Kester Capital, a UK lower mid-market private equity specialist, has acquired a majority stake in DC Byte, a global market intelligence and analytics provider for data centre operators, developers, investors, advisers and suppliers.
The investment represents Kester’s third investment in the information & data sector, and the fifth investment from of its latest fund, Kester Capital II, which closed at its hard cap in 2020. The DC Byte investment follows two recent exits: Vixio, a high growth provider of data and information services generating a 4.8x return for Kester; and, Avania, the leading global medical technology CRO for 8.4x.
DC Byte, founded by CEO Ed Galvin, provides a subscription-based data centre-focused market intelligence and analytics platform which provides users with a global database, updated and validated in real time. DC Byte is headquartered in London, with operations in Europe, Asia, and North America.
