▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

Proficium Partners with Mill Point to Capitalize on Datacenter Demand

Mill Point Capital LLC (“Mill Point Capital”), a middle-market private equity firm focused on control-oriented investments in the IT Services, Business Services and Industrials sectors in North Am...

Business Wire

UNION CITY, Calif.: Mill Point Capital LLC (“Mill Point Capital”), a middle-market private equity firm focused on control-oriented investments in the IT Services, Business Services and Industrials sectors in North America, has partnered with Proficium, Inc. (“Proficium”, or the “Company”). Proficium specializes in the design, manufacturing and delivery of innovative products and value-added services for commercial AI infrastructures, hyperscale data centers and enterprise companies. The Company acts as a trusted partner for many leading technology clients.

“Under the leadership of Dan Miranda, Proficium has become an industry leader supporting the rapidly increasing demand for high-performance datacenter interconnect products,” said Richard Summers, Partner at Mill Point Capital. “We are very excited to partner with Dan, the Proficium team and our Executive Partners – Kurt Dunteman, Dave Hart and Roman Pacewicz – to build upon the Company’s stellar reputation and further enhance their product and service capabilities.”

“Our partnership with Mill Point comes at an exciting time for our employees and our Company,” commented Dan Miranda, Proficium’s Founder and Chief Executive Officer, who will continue to lead the Company. “With Mill Point’s support, we will be able to take advantage of the vast opportunities ahead of us, driven by the widespread and ongoing growth in demand for datacenter capacity.”

About Proficium

Founded in 2003, Proficium is an industry leader at the forefront of revolutionizing the digital landscape. Proficium’s commitment to quality, competitive pricing, unbeatable service, and rapid delivery times set it apart as a trusted partner in today’s fast-paced technological landscape. For more information, please visit www.proficium.com.

About Mill Point Capital LLC

Mill Point Capital LLC is a private equity firm focused on control investments in lower-middle market companies in North America across the Business Services, Industrials and IT Services sectors. Mill Point’s experienced team of investors and Executive Partners seek portfolio company value enhancement through rigorous implementation of transformative strategic initiatives and operational improvements. Mill Point is based in New York, NY. For more information, please visit www.millpoint.com.

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

25 Italian Startups Will Be Present at Expand North Star 2024

Scheduled for October, the world's largest startup event will bring together more than 2,000 exhibitors in Dubai, UAE

Partitalia: Italian IoT innovation in San Francisco

The Italian IoT company is in the US for the second phase of CALL4INNOVIT

Sparkle works on environmentally sustainable content distribution

The Italian company partners with MainStreaming for high-performance, energy-efficient video streaming

Libraesva: being specialized is ok again in cybersecurity

Software vendors developing vertical solutions against specific attack vectors are 'cool' again. And when it comes to email security, all companies now…

Most read

New Zealand Buy Now Pay Later Business and Investment Opportunities Databook…

The "New Zealand Buy Now Pay Later Business and Investment Opportunities Databook - Q2 2024 Update" report has been added to ResearchAndMarkets.com's…

Kenya Buy Now Pay Later Business Report 2024: BNPL Payments to Grow by…

The "Kenya Buy Now Pay Later Business and Investment Opportunities Databook - 75+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis,…

Median Technologies to host two webcasts on September 5, 2024

Regulatory News: Median Technologies (FR0011049824, ALMDT, PEA/SME eligible, “Median” or “The Company”) will host two live webcasts on September 5, 2024.…

Mark Lawyer Joins RWS’s Executive Team as President of Regulated Industries…

RWS, a unique, world-leading provider of technology-enabled language, content and intellectual property solutions, announces that Mark Lawyer has joined…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!