Shackleton Equity Partners Buys Excel Meridian Data

Los Angeles-based private equity firm Shackleton Equity Partners said today that the firm has acquired Excel Meridian Data, a provider of data storage equipment. Financial terms of the deal were not disclosed. According to Excel Meridian Data, the acquisition will allow it to expand its data storage hardware and software offerings. Excel Meridian Data's customers include the U.S. Army, L3 Communications, Harvard University, and Savvis. EMD is based in Dallas, Texas.