Bryan Cave Leighton Paisner acted as a lead counsel for a consortium including Mubadala Investment Company and Sberbank Investments on its investment in IXcellerate. IXcellerate, a leading commercial data center operator and a home of hypercloud in Russia, has announced that it had raised about USD 190 m in financing from both existing and new investors. IXcellerate will use the proceeds to build new capacities for running one of the biggest data campuses in Europe, which will provide exceptional capacity for an even broader customer base.

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Bryan Cave Leighton Paisner acted as a lead counsel for a consortium including Mubadala Investment Company and Sberbank Investments on its investment in IXcellerate. IXcellerate, a leading commercial data center operator and a home of hypercloud in Russia, has announced that it had raised about USD 190 m in financing from both existing and new investors. IXcellerate will use the proceeds to build new capacities for running one of the biggest data campuses in Europe, which will provide exceptional capacity for an even broader customer base.

IXcellerate is a leading operator of commercial data centers, ranked among the Top-3 largest players in Russia. The company offers on-demand colocation solutions to address individual infrastructure requirements. IXcellerate data centers are rated Tier III / Level 3 and operate with a service availability of 99.999%. IXcellerate customers are global and Russian corporations, financial institutions, hypercloud players, providers of online services, IT companies, leading carriers and other organizations, processing large data volumes.

For more detail on the deal and its parties, please take a look at the IXcellerate official press release at https://www.ixcellerate.com/top-russian-colocation-provider-ixcellerate-closes-latest-round-of-funding-to-accelerate-expansion-plans/

This was a complex and sophisticated transaction involving a big cross-practice, multijurisdictional project team led by Partner Anton Panchenkov in Moscow. Key team members were: Counsel Alexey Koshelev (leading lawyer on the transactional part of the project), Associate Valerian Mamageishvili, Senior Associates Dimitri Antipin and Anastasia Kudryashova, Partner Ian Ivory (London team leader) and Counsel Greg Nixon (UAE team leader).

The wider cross-office and cross-practice project team was made up of a Moscow team consisting of Vitaly Mozharowski, Maxim Popov, Ekaterina Verle, Inna Firsova, Nikolay Voznesensky,Andrey Neminuschiy, Vladislav Feklin, Maria Bardina, Alexander Muravin, Egor Salmov, Anton Nefedev, Natalia Belomestnova, Nadezhda Ilyushina, Yury Ivanov, Vladimir Tchikine and Elena Belozerova, Antonina Potanina, Yury Babichev and Victoria Bigarova.  The London team included Dan Wood, Lydia Burke, David Dennison, Emma Howdle-Fuller, Mark Kaye, Andy West, David Anderson, Paul Culliford, Leah Aschettino, Margarita Altankova, Adam Lambert, Conor McDonald, Elisabeth Tsudikman, Yaniv Grunberg and Rayanne Ibrahim, and a UAE team comsisting of Chizoba Edozie and Flora Haidar.

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