Reporter Bailey McCann wrote an article on Carrick’s funding of Infrascale and their planned acquisition. “Carrick Capital Partners has led a $16.3 million Series B round of funding for Infrascale a cloud-based data protection provider. Carrick is a new and majority investor in the company.
The cloud backup and recovery market exceeded $2 billion in 2013, and is on pace to meet roughly the same level of spend this year according to IDC. With backing from Carrick, Infrascale will acquire Eversync Solutions which provides cloud backup and recovery services.
Marc McMorris, co-founder and managing director of Carrick Capital Partners tells Private Equity International that they see additional strategic expansion opportunities and the firm plans to be heavily involved in the growth process.”