May 15, 2024 (New York) – We are pleased to share thatLatin Lawyer has named Patria Investments’ sale of ODATA to Aligned Data Centers its Deal of the Year, Mergers and Acquisitions: Private Companies. We advised Patria on this highly complex transaction, which signed in December 2022 and closed in May 2023.

ODATA was created by Patria in 2015 and is among the fastest growing hyperscale data center platforms in Latin America. The company has operational facilities strategically located across Brazil, Colombia, Mexico and Chile, as well as additional data centers under development in jurisdictions across the region. This transaction marks Aligned’s expansion into Latin America and is expected to position it as one of the largest private data center operators in the Americas. 

Patria is one of the most significant emerging markets-based private markets investment managers, with combined assets under management in excess of $32 billion. With a focus on Latin America and more than 30 years of history, Patria aims to provide consistent returns in attractive long-term investment opportunities through its Private Equity, Infrastructure, Credit, Public Equities and Real Estate products.

The Proskauer team was led by partners Daniel Ganitsky and Kunal Dogra and included associates Lauren Kim, Jack Sztrigler, Carlos Brandes Lamas, Lauren Altus, Nick Pellegrino and Alec Smith (Mergers & Acquisitions). It also included partner Martin Hamilton and associate Rita Halabi (Tax); partners Andy Bettwy and Phil Kaminski and associates Gloria Kim and Joseph O'Brien (Finance); partners Monica Arora and Fabio Yamada and associate Tracy Rizk (Private Funds); partner Rob Shmalo (Real Estate); partner John Ingrassia (Antitrust); partner Daryn Grossman and associates Jay Frankel and Jiyoon Kim (Intellectual Property); and partner Aliza Cinamon (Environmental), among numerous others.