Data Clean Corporation, a portfolio company of Angeles Equity, has completed its third add-on acquisition with the buy of DP Guardian.
DP Guardian is a Colorado-based provider of critical environment cleaning services and installer of airflow containment systems for internet service providers, colocation facilities, enterprise data centers, and hyperscalers which operate massive data centers and cloud computing infrastructure with thousands or even millions of servers. The business was founded in 1992 by Jay Hagen and is headquartered near Denver in Littleton, Colorado.
The two earlier add-on acquisitions were the buys of Sealco, a Texas-based provider of data center cleaning services in November 2023; and SML Enterprises, a Virginia-based provider of environmental contamination control services to data centers and cleanrooms in June 2023.
Angeles Equity acquired Data Clean in November 2022 in partnership with the company’s owners – Richard Hill and Dean Sirakides – to execute a buy-and-build strategy in the critical environment contamination control sector.
Data Clean’s services include exterior hardware cleaning, top-of-floor cleaning, and underfloor plenum cleaning. Combinations of these services are performed by the company at scheduled intervals, ranging from once per year to once a day. Within a data center, a plenum refers to the area above the suspended ceiling or under the raised floor that is used for the circulation of air. It acts as a pathway for distributing cool air from the cooling systems to the server racks and other equipment in the data center.
Data Clean provides its services to thousands of facilities around the world including data centers, computer rooms, network and telecommunications facilities (through its “Data Clean” branded division) and biopharmaceutical and life sciences cleanrooms and laboratories (through its “Sterile Science” branded division).
Data Clean was founded in 1979 and is headquartered near Chicago in Des Plaines, Illinois. The company operates full-service branch locations in Canada, Hong Kong, India, Mexico, Saudi Arabia, Singapore, and the UAE.
The acquisition of DP Guardian extends Data Clean’s geographic reach across the Mountain West region and expands its airflow containment design and installation capabilities.
“Partnering with DP Guardian is a significant milestone for Data Clean as we expand into Denver and the Mountain region,” said Rich Hill, the president of Data Clean. “DP Guardian is well-established in the critical cleaning industry, with a long-standing history of commitment to their customers and employees that perfectly aligns with Data Clean’s values.”
“Data Clean is the ideal partner to provide us with the resources and support to capitalize on the next generation of opportunities created by AI-driven demand, edge computing growth, and cloud capacity expansion,” said Jon deRidder, the CEO of DP Guardian.
“The combination with DP Guardian accelerates Data Clean’s strategy to expand its service offering and geographic reach within the critical environment cleaning sector,” said Frank Spelman, a managing director at Angeles Equity. “We are excited about the prospects for Data Clean given the rapid growth occurring in the data center space. As data centers continue to scale, and their complexity increases, the need for a sophisticated, critical contamination control provider with a national presence is clear.”
Los Angeles-based Angeles Equity makes control investments in companies with enterprise values up to $200 million that have headquarters and primary operations in the United States and Canada. Sectors of interest include aerospace, automotive, building products, capital goods, chemicals, electronics, manufacturing, metals, transportation and logistics, packaging, and distribution.
© 2024 Private Equity Professional | March 8, 2024
