M&A Deal Summary

NOVA Infrastructure and Astra Capital Management Acquire DartPoints

On April 30, 2025, infrastructure investor NOVA Infrastructure and private equity firm Astra Capital Management acquired information technology company DartPoints from Astra Capital Management

Acquisition Highlights
  • This is NOVA Infrastructure’s 1st and Astra Capital Management’s 3rd transaction in the Information Technology sector.
  • This is NOVA Infrastructure’s 8th and Astra Capital Management’s 4th transaction in the United States.
  • This is NOVA Infrastructure’s 1st and Astra Capital Management’s 3rd transaction in Texas.

M&A Deal Summary

Date 2025-04-30
Target DartPoints
Sector Information Technology
Buyer(s) NOVA Infrastructure
Astra Capital Management
Sellers(s) Astra Capital Management
Deal Type Secondary Buyout
Advisor(s) Bank Street (Financial)
Sheppard Mullin Richter & Hampton
Debevoise & Plimpton (Legal)

Target

DartPoints

Thanksgiving Tower, Texas, United States
DartPoints provides enterprise colocation, cloud, and managed service solutions enabling advanced workloads, including artificial intelligence, machine learning, and high-performance computing. Listed on the Inc. 5000 as one of the fastest-growing privately held companies in the U.S., the company empowers businesses with enterprise-grade infrastructure, operational resilience, and low-latency connectivity. DartPoints was founded in 2012 and is based in Thanksgiving Tower, Texas.

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Buyer(S) 2

DESCRIPTION

Nova?Infrastructure is an infrastructure focused investment firm targeting middle-market companies in environmental services, transportation, energy transition, and digital infrastructure. The Firm will consider a variety of investment situations including buyouts, growth financings, and carve-outs. NOVA Infrastructure was founded in 2018 and is headquartered in New?York, New?York.


DEAL STATS #
Overall 9 of 9
Sector: Information Technology M&A 1 of 1
Type: Secondary Buyout M&A Deals 2 of 2
State: Texas M&A 1 of 1
Country: United States M&A 8 of 8
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-16 UGE

New York, New York, United States

UGE is a solar operator and developer of rooftop and ground mount commercial, industrial, and community solar energy solutions. The company develops, builds, finances, owns, and operates solar and battery storage projects in New York, New Jersey, Maine, California, Pennsylvania, Oregon, Texas, Illinois, Maryland, Virginia and Massachusetts. It has a portfolio of more than 12 operating and 81 advanced backlog projects in 11 states. UGE was formed in 2010 and is based in New York, New York.

Buy -
DESCRIPTION

Astra Capital Management is a private equity firm that specializes in growth buyouts in the communications and technology Services industries. The Firm targets businesses valued up to $500 million where it can commit $25 to $100 million per investment. Specific areas of interest include mobile communications, broadband, and technology-enabled services. Prospective companies typically possess proven technology, highly scalable business models, and significant potential for growth. Astra Capital Management was formed in 2014 and is headquartered in Washington DC.


DEAL STATS #
Overall 5 of 5
Sector: Information Technology M&A 3 of 3
Type: Secondary Buyout M&A Deals 1 of 1
State: Texas M&A 3 of 3
Country: United States M&A 4 of 4
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-06 DartPoints

Thanksgiving Tower, Texas, United States

DartPoints provides enterprise colocation, cloud, and managed service solutions enabling advanced workloads, including artificial intelligence, machine learning, and high-performance computing. Listed on the Inc. 5000 as one of the fastest-growing privately held companies in the U.S., the company empowers businesses with enterprise-grade infrastructure, operational resilience, and low-latency connectivity. DartPoints was founded in 2012 and is based in Thanksgiving Tower, Texas.

Buy -

Seller(S) 1

DESCRIPTION

Astra Capital Management is a private equity firm that specializes in growth buyouts in the communications and technology Services industries. The Firm targets businesses valued up to $500 million where it can commit $25 to $100 million per investment. Specific areas of interest include mobile communications, broadband, and technology-enabled services. Prospective companies typically possess proven technology, highly scalable business models, and significant potential for growth. Astra Capital Management was formed in 2014 and is headquartered in Washington DC.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Secondary Buyout M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-06 DartPoints

Thanksgiving Tower, Texas, United States

DartPoints provides enterprise colocation, cloud, and managed service solutions enabling advanced workloads, including artificial intelligence, machine learning, and high-performance computing. Listed on the Inc. 5000 as one of the fastest-growing privately held companies in the U.S., the company empowers businesses with enterprise-grade infrastructure, operational resilience, and low-latency connectivity. DartPoints was founded in 2012 and is based in Thanksgiving Tower, Texas.

Buy -