Sverica International Announces the Sale of Pivot to Rogers Communications for C$155 million

  Sverica International Announces the Sale of Pivot to Rogers Communications
  for C$155 million

Business Wire

CALGARY, Alberta -- September 23, 2013

Sverica International, a private equity investment firm, announced today the
sale of its portfolio company Pivot Data Centres Inc. (“Pivot”) to Rogers
Communications Inc. (TSX: RCI.A and RCI.B; NYSE: RCI) (“Rogers”) for C$155
million. Based in Calgary, Alberta with an additional facility in Edmonton,
Alberta, Pivot is a leading data centre solutions provider in Western Canada,
specializing in colocation as well as data centre design, maintenance, and

Sverica acquired a controlling interest in Pivot (formerly Care Factor
Computer Services Inc.) in November 2009. Over the course of its investment,
Sverica enhanced strategic focus on Pivot’s colocation services, identified
Edmonton as an attractive growth market, added depth to management, and
facilitated capital investment for significant capacity expansion to support
rapid growth.

“Sverica identified the growth opportunities available in colocation and the
Western Canadian market specifically, and the vision we shared with management
for Care Factor in 2009 is embodied in Pivot’s accomplishments since and its
momentum today,” said Frank Young, Managing Director at Sverica. “Pivot has
emerged as a leader in Alberta due to its steadfast focus on delivering
flexible and reliable colocation services to its clients, and this commitment
to client service and support from a strong partner like Rogers will position
Pivot for continued growth. This transaction represents a great outcome for
Sverica’s investors and Pivot’s management and employees.”

“It has been a privilege working with Sverica, and the Board as the CEO of
Pivot, and I am very proud of what we have accomplished,” said Pivot’s CEO
Michael Koury. “This transaction is a huge milestone and it represents a
tremendous endorsement for all the hard work and effort from Pivot employees
over many years in building a great company. Looking forward, we are very
excited to be joining Rogers’ Business Solutions as part of the BLACKIRON Data
brand. Pivot’s footprint in Alberta helps to complement Rogers’ data centre
coverage nationwide, making this an excellent fit.”

BMO Capital Markets and Signal Hill served as financial advisors to Sverica
and Pivot.

About Pivot

Pivot Data Centres provides tailored and flexible co-location data centre
solutions that deliver peace of mind through an unwavering commitment to
service and quality. It’s their focus today, and it has been their commitment
– day in, day out – for nearly a quarter century. With a client base
consisting of government, large enterprises, and an extensive roster of medium
and small business, Pivot is a leading privately-held co-location provider in
Western Canada and offers carrier-neutral facilities, vendor-agnostic
infrastructure platforms, high-density solutions, and SSAE 16 and PCI
compliancy. Pivot Data Centres operates three co-location data centres in
Alberta: two in Calgary and one in Edmonton.

About Sverica International

Sverica International is a leading private equity firm with over $425 million
of assets under management across all funds. The firm acquires, invests in and
actively builds companies that are, or could become, leaders in their
industries. Since 1993 Sverica has maintained a “high touch” operating
philosophy of taking an active role in portfolio companies. Sverica devotes
significant internal resources to help its management teams develop and
execute growth strategies. For more information, visit


Sverica International
Jordan Richards, 415-249-0126
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