Apax has acquired techoraco for an undisclosed amount. techoraco is a unique market offering for the digital infrastructure and technology industries, formed to house six powerhouse brands: Capacity, International Telecoms Week (ITW), Broadgroup's Datacloud, Global Leaders’ Forum (GLF), TowerXchange, and The Women in Tech World Series. Built on the exceptional foundations of these leading event and community brands, techoraco has been connecting leaders in fibre, towers, data centres, and markets for over 25 years, delivering events such as Metro Connect USA, Capacity Middle East, European Women In Technology, Datacloud Global Congress, and TowerXChange Meetup Europe.
This acquisition underscores Apax's strategic interest in the robust and evolving digital infrastructure and technology sectors. techoraco's established portfolio of events and communities provides critical marketplaces for industry leaders, aligning with a strategy to invest in platforms that facilitate growth and connection within key global industries. The move is expected to leverage techoraco's deep industry expertise and extensive network.
The integration of techoraco into Apax's portfolio is anticipated to create significant synergies. techoraco's dedication to driving efficient and effective marketplaces across digital infrastructure and technology, combined with Apax's resources, aims to enhance the scale and impact of its existing brands. This will allow for further development and expansion of its event and community offerings, strengthening its position as a vital connector for industry professionals.
The combined entity is now positioned to accelerate innovation and expand its global reach, continuing to serve as a pivotal platform for leaders in fibre, towers, data centres, and related technology markets. This acquisition marks a strategic step towards solidifying leadership in the digital infrastructure and technology event landscape.