Mandic is Brazil’s leading managed IaaS provider, offering managed public cloud, cloud backup and storage, and cloud collaboration tools. It strives for excellence in terms of service quality and customer support. It currently serves more than 19,000 customers. Its core products include managed cloud servers, hosting and e-mail solutions.
Investment Overview
In early 2012, Riverwood acquired Mandic S.A. and combined it with Tecla S.A., a spin-off of ALOG Data Centers do Brasil. As part of the transaction, Riverwood contributed capital into the combined company to fund an aggressive growth initiative.