New Mountain is investing in data center services company Salute

• DLA Piper served as legal counsel to Salute, while Simpson Thacher & Bartlett served as legal counsel to New Mountain Capital
• Salute was founded in 2013
• New Mountain Capital is based in New York and has nearly $55 billion in assets under management

New Mountain Capital has made a majority investment in Salute Holdings, a Franklin, Wisconsin-based lifecycle services provider for the data center industry. No financial details were disclosed.

Salute's current investor LLR Partners will retain a significant minority stake in the company.

Commenting on the deal, New Mountain CEO Joe Walker said in a statement: “New Mountain has long admired Salute's business and its commitment to helping data center owners reliably and sustainably manage their complex infrastructure.”

DLA Piper served as legal counsel to Salute, while Simpson Thacher & Bartlett served as legal counsel to New Mountain Capital.

Salute was founded in 2013.

New Mountain Capital is based in New York and has nearly $55 billion in assets under management.