Lead Edge Capital has acquired Elektrik, a Salt Lake City procurement platform specializing in electrical infrastructure components for data centers and renewable energy projects. The platform serves contractors and distributors sourcing critical components needed for large-scale infrastructure builds.

Private equity firms are pouring capital into data center infrastructure companies as the AI boom accelerates demand for computing facilities across the US. This acquisition places Lead Edge at the center of the electrical supply chain supporting that growth.

Elektrik's platform addresses a bottleneck in the market: sourcing specialized electrical components that are essential for building modern data centers. The deal reflects investor confidence in sustained infrastructure spending.

The acquisition signals continued momentum in infrastructure-focused investing, with private equity seeking exposure to the electrical supply chain rather than just data center REITs or construction firms.