King Street Capital Management, L.P. has acquired a majority ownership stake in Colovore, a Silicon Valley-based data center operator specializing in liquid-cooled, high-density colocation for artificial intelligence (AI) and high-performance computing (HPC). This strategic move will enable Colovore to expand with King Street’s expertise in real estate. The existing management team at Colovore will continue to lead the business as it grows to meet the rising demand for liquid-cooled data center solutions.
With a focus on next-generation chips and power-dense platforms for AI and HPC applications, Colovore is well-positioned to cater to high-density clients with its liquid-cooled data center solutions. By leveraging King Street’s deep real estate platform, Colovore plans to rapidly scale its operations in Tier 1 markets across the country. This partnership will enable Colovore to better serve the evolving needs of customers in the AI and HPC industries.
Colovore’s President and Co-Founder, Sean Holzknecht, expressed excitement about working closely with King Street to expand their data center footprint and support the growing demands of AI-driven workloads. The company’s focus on scalable power and cooling densities, combined with King Street’s support, aims to optimize customer deployments, reduce total cost of ownership, and ensure easy scalability.
As a leading provider of liquid-cooled, high power density colocation services, Colovore is committed to enabling innovation in compute-intensive and AI-oriented services. Co-Founder Peter Harrison highlighted the partnership with King Street as a key step towards transforming the data center industry and facilitating the growth of emerging technologies and applications.
King Street, a global alternative investment firm managing over $25 billion in assets, brings a wealth of experience in real estate and thematic investing to the partnership with Colovore. With a history of identifying complex investment opportunities across asset classes, King Street is well-equipped to support Colovore’s growth and expansion plans.
For more information about King Street and Colovore, visit their respective websites. Contact information for King Street is available on their website. For media inquiries, please reach out to Prosec Partners on behalf of King Street.
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