On April 30, 2021, Fengate Capital Management completed a preferred share investment in eStruxture Data Centers to partially fund its acquisition of the entire Canadian data center business of Aptum Technologies. The investment will be used to considerably expand eStruxture’s Canadian operations and fortify their position as a leader in Canadian-owned data center operations.
eStruxture is the largest Canadian-owned cloud and carrier-neutral data center provider.
Fengate is an investment management firm specializing in managing investments in the real estate and infrastructure sectors.
Osler, Hoskin & Harcourt LLP advised Fengate Capital Management with a team consisting of Brian Gray (Corporate), Chris Bennett (Financial Services) and Michael Grantmyre (Emerging and High Growth Companies).