NEW YORK (January 23, 2025) – Holland & Knight advised Vultr, the world's largest privately held cloud infrastructure company, in connection with a $333 million equity financing led by LuminArx Capital Management and AMD Ventures (NASDAQ: AMD). The transaction, which was announced on December 18, values Vultr at $3.5 billion.
Vultr will use this new equity financing to accelerate its global expansion in artificial intelligence (AI) infrastructure and cloud computing. This investment will enable the company to expand its worldwide cloud GPU fleet to support enterprise customers and AI innovators in building, deploying and scaling AI worldwide.
West Palm Beach, Florida, based Vultr provides industry-leading scalability, global reach, compliance and price-to-performance for AI infrastructure and cloud computing. With 32 cloud data center regions across six continents, Vultr is the only globally available, independent, full-stack AI infrastructure and cloud computing platform.
Holland & Knight's representation of Vultr was led by Partners Christopher Froelich (M&A), Sean Tevel and relationship Partner Andrew Weinstein (Tax). They were assisted by Partner Aaron Goldberg and Associates Nicole Lamanna and Kyle Leeman (M&A) and Jiyeon Barta (Tax).
More information on the transaction can be found here.
Recently recognized as the Private Equity Law Firm of the Year by the Global M&A Network, Holland & Knight regularly ranks among the leading M&A and private equity law firms in reputable, benchmarking league tables published by Bloomberg, LSEG, Mergermarket, PitchBook and The Deal. Through the HK Deal Flow℠ program, Holland & Knight facilitates deal leads for clients and prospective clients by matching acquisition or capital raising opportunities with buyers and investors.