SAN FRANCISCO--(BUSINESS WIRE)--Digital Alpha Advisors ("Digital Alpha"), a leading digital infrastructure investment firm, today announced the asset acquisition of Unitas Global's Connectivity Business. The company will operate under the name Unitas Global, continuing its focus on enabling customers to simplify and consume complex connectivity solutions globally. The combination of its automated design and pricing platform, Unitas Nexus™, and its global network, Unitas Reach™, creates a compelling offering to enable digital transformation for enterprise networks.
According to a recent IDC study, 80% of organizations around the world are expected to adopt modern, automated networks over the next two years. Digital Alpha is advancing their support and growth of the digital economy with the addition of Unitas Global to its existing portfolio of companies focused on next generation networking. These platforms are uniquely positioned to leverage innovative automation and software defined networking technologies to meet the needs of enterprises modernizing their digital infrastructure.
"The acquisition of Unitas Global's Connectivity Business assets is a further demonstration of Digital Alpha's commitment to digital infrastructure and the next generation of networking," Digital Alpha Managing Partner, Rick Shrotri, shares. "The global data networking marketplace offers a significant opportunity for companies with the vision and the capability to enable critical end-to-everywhere services. We look forward to adding Unitas Global’s Connectivity Business assets to our portfolio and building on its already strong foundation."
"The disruptive nature of Unitas' twin-pillar strategy has become increasingly self-evident in the market. The team is ready to take on the next chapter, partnering with Digital Alpha and its portfolio companies, to become the market leader redefining agile connectivity solutions for the enterprise," states Patrick Shutt, CEO of Unitas Global. Grant Kirkwood, Co-founder and CTO of Unitas Global, adds, "We are extremely excited to invest in the further development of our proprietary Unitas Global technologies, including Unitas Nexus™ and Unitas Reach™, to support our customers globally."
With this acquisition, Digital Alpha becomes the controlling stakeholder of the Connectivity Business assets. The current management team will continue to lead the focused Connectivity Business. Digital Alpha's investment also enables new partnership opportunities with other key portfolio investments and industry relationships.
About Digital Alpha Advisors, LLC
Digital Alpha Advisors, LLC is an investment firm focused on digital infrastructure and services required by the digital economy with total assets under management of over $1.5B. The firm has a strategic collaboration agreement with Cisco Systems, Inc. As part of this agreement, Digital Alpha has preferred access to Cisco's pipeline of commercial opportunities requiring equity financing. In addition, Digital Alpha has cultivated strategic partnerships with other Silicon Valley technology leaders, with whom it has already executed deals. Digital Alpha believes that it is the first firm focused on making private equity investments in the significant growth opportunities required to underpin the Digital Economy, including smart cities, next generation broadband networks, and enterprise data management and communication solutions. Digital Alpha was founded in 2017 by Rick Shrotri, former Head of the Global Infrastructure Funds (GIF) team at Cisco, and closed its latest Fund – Digital Alpha Fund II, LP – in early 2021. For more information, please visit www.digitalalpha.net.
About Unitas Global
Unitas Global is a next-generation network service provider offering automated ubiquitous edge access to cloud everywhere. The combination of its Unitas Nexus™ platform and global Unitas Reach™ network provides the most transformative network environments that are easy to design, procure, and fully managed. Analyzing price and performance requirements in real-time makes Unitas Nexus™ one of the most advanced go-to-market platforms for MSPs, hyperscale cloud providers, and datacenter operators worldwide. Unitas Reach™ access, IP, and SDN provide cost-optimized network connectivity with the agility needed to scale quickly and support the growing demands of applications on network architectures, performance, and costs. Learn more at www.unitasglobal.com or connect with Unitas at LinkedIn, Twitter, and its Blog.
