Solo Network buys 80% of Planeje in bet on Brazil's data center boom
What's the deal? Brazilian technology integrator Solo Network has acquired an 80% stake in Planeje, a company specialising in data center engineering, infrastructure, and construction. The deal, announced in November 2026, lets Solo execute full projects for small and medium-sized data centers across Brazil. Terms were undisclosed.
What's the endgame? Solo plans to combine Planeje's engineering with the industrial capacity of Envolve Ambientes Seguros — which shares partners with the integrator — and its own cloud and cybersecurity expertise. "Together, the companies cover the complete chain of a critical infrastructure project," said chief executive officer João Paulo Costa Pereira (translated from Portuguese).
Why now? "We are seeing a shift in demand for computing capacity," Pereira said (translated from Portuguese). The three firms previously collaborated on a modular data center for the Brazilian Army, inaugurated in 2025 after winning a public tender.
The money: Solo will allocate about US$2.56M initially to Planeje's working capital and commercial expansion. From 2027, it may provide up to US$12.8M more over three years as demand grows and clients sign on. The group aims to double Planeje's revenue in 2027 and is targeting nearly US$255.8M in group revenue in 2026.
What changes? Planeje keeps its brand, team, and operational structure, retaining all 32 staff, while administrative and financial management folds into the group. Partner Eduardo Silveira stays on leading commercial and operations. The company already serves public bodies, agribusiness cooperatives, industry, and schools.
What could go wrong? The larger US$12.8M tranche is conditional on future demand. Grid connection and power transmission bottlenecks could also cap how fast the sector expands.
The signal: Brazil is in an accelerated data center build-out driven by cloud and AI, with JLLDealroom has a profile for this one. Try Dealroom → estimating roughly US$ 8 billion in sector investment in 2026 against vacancy of just 4%. The Solo–Planeje tie-up is small beside giants like AscentyDealroom has a profile for this one. Try Dealroom →'s US$1.53B plan for four new São Paulo sites — but it reflects a wider push to integrate construction and technology services as the market scales.
Read more: exame.com
Image credit: Generated with Gemini
