Robert Offley, CEO of CentriLogic, is seen here at the company's Mississauga data centre on July 26, 2013. British-born Mr. Offley is a veteran of the data storage business.CentriLogic Inc., a private-equity-backed Mississauga company that helps companies transfer their business applications to the cloud, has purchased a Chicago-based rival to help its expansion into the U.S. market.
CentriLogic specializes in helping enterprises, typically with revenues of up to $1-billion, transfer their technology and business processes held in-house, to data centres accessed over the internet that it either owns or accesses through large public cloud providers. It’s a steadily growing industry worth tens of billions of dollars a year, as companies look to gain efficiencies by shifting operations online.
CentriLogic, which received an unspecified investment in 2018 from U.S. private-capital providers TriSpan Opportunities Fund and Long Point Capital, is believed to have revenue in the tens of millions, with revenue growing by more than 15 per cent annually in recent years. Its customers include Freedom Mobile, Leon’s and Kodak Alaris.
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