Article

Evocative has raised debt financing from a global investment firm, complementing ongoing equity support from Crestline Investors. This funding will enhance Evocative's growth and expansion in response to increased demand for data centers and colocation space driven by AI development.

The investment targets infrastructure upgrades, metro expansions, and improvements across Evocative's data center, network, bare metal, and cloud platforms to support enterprise and service provider customers. Guggenheim Securities served as the structuring advisor and placement agent, while Jones Day provided legal counsel. Altman Solon, BSP, and EisnerAmper contributed commercial due diligence, technical advising, and quality analysis, respectively.