Dominus Capital, L.P. (“Dominus”) announced today that its portfolio company Uptime Institute (“Uptime”), the global digital infrastructure authority, has completed its acquisition of Academia Group Limited, and all its global subsidiaries including CNet Training, Ltd. Uptime provides assessment, certification, and consulting services for owners, operators, and users of digital infrastructure, and also provides education, accreditation, and membership network services for data center professionals and organizations.
CNet Training, located in Bury Saint Edmunds, Suffolk, England is an International award-winning technical education company. CNet Training has been designing and delivering professional network and data center infrastructure training programs since 1996 and has trained over 83,000 data center professionals across 45 countries.
“We are excited to join the accelerating Uptime team. CNet Training was already growing quickly, but now will have many more opportunities through further geographic expansion, and new service offerings, as a part of Uptime. As we look forward to this next phase, I want to personally thank all our clients, staff, and investors who have supported us over these past 26 + years of delivering unique value and in bringing ongoing innovation to the Digital Infrastructure Education market.” said Andrew Stevens, CEO of CNet Training.
Bob Haswell, Founding Partner at Dominus Capital, added “This first acquisition for Uptime under Dominus ownership will further establish Uptime Education as the unparalleled leader in Digital Infrastructure Education around the world. Uptime is the undisputed market leader worldwide, with results-oriented solutions for both providers and consumers of services delivered through mission critical data centers, the true digital foundries, and factories of the Internet economy. The ongoing availability, resiliency, sustainability, security, and business value of these key infrastructure building blocks still overwhelmingly depend on the quality and capabilities of the workforces that operate them, and the skills, training, and education of each individual team member.”
“The data center industry is one of the fastest growing markets in the world. The continued, extraordinary industry expansion requires a growing and diverse workforce, however concerns over the industry’s ability to attract, educate, and retain skilled technical staff persist. This acquisition will help our respective customers thrive in a rapidly changing ecosystem, by giving them access to a range of world class corporate learning and development technical education programs and technical training courses that are backed up by practical experience and specialized domain expertise.” said Martin V McCarthy, CEO, Uptime.
CNet Training dramatically extends the range and depth of Uptime Education offerings and positions Uptime as the Learning & Development partner of choice around the world. The combined offerings will include solutions valuable for every point in a career for a digital infrastructure professional. This includes entry level staff, even adolescents in apprenticeships, to post graduate degrees in Data Center Leadership for savvy, long serving professionals.
Uptime continues to identify and assess potential add-on acquisitions to broaden its offering and continue to execute on its mission to help datacenter owners, operators, and tenants ensure resilient, available, sustainable, and secure digital infrastructure.
Terms of the transaction were not disclosed.