A sponsor backed, colocation services provider approached Atalaya seeking additional financing for critical data center equipment. The Company had also previously secured an equipment leasing transaction with Atalaya.
Optimistic about the Company’s broad customer base and growth in colocation services, Atalaya provided the Company with ~$10 million in sale-leaseback financing.
Atalaya’s funding enabled the Company to invest in critical hardware. This equipment was necessary for the Company’s facilities while also bolstering their cash position and supporting operations.