Houlihan Lokey Advises Quantum Loophole
Houlihan Lokey is pleased to announce that Quantum Loophole, Inc. (QL), has received series seed funding from private investors to support innovative plans for master-planned data center cities at gigawatt scale. The transaction closed on February 28, 2021.
Quantum Loophole is a disruptor of industry standard data center development. The company’s master-plan data center city development vision uniquely addresses the scalability, connectivity, and cost-efficiency challenges of today’s larger-scale deployments. Launched in January 2020, during a time when unforeseen COVID-19 challenges drove demand in digital infrastructure investments, QL raised over $13 million in funding over the course of the past 12 months.
QL is reimagining the way data centers can be developed by deploying innovative and sustainable energy, fiber, and access control systems in ethically planned and community-centric designed data center cities. These cities are designed to offer gigawatt levels of critical power, leverage cutting-edge technology to deliver connectivity seamlessly, and offer mass-scale fiber to nearby networking hubs.
QL is founded and led by Josh Snowhorn, an interconnection and data center industry executive who has built over $10 billion of value during his 20+ years of industry experience. Josh is supported by a proven leadership team with past experience at Fortune 500 and other industry-leading hyperscaler companies. The management team consists of Scott Noteboom, CTO; Sylvia Kang, VP of Real Estate; Richard Paul-Hus, VP of Sales and Development; Ron da Silva, VP of Operations; Rick Keiner, VP of Finance; and Oren Wool, VP of Sustainability.
Houlihan Lokey served as the financial advisor to Quantum Loophole and assisted in marketing, structuring, and negotiating the transaction on behalf of the company. This deal further demonstrates Houlihan Lokey’s leading position in advising digital infrastructure operators at the cutting edge of innovation.
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