Hyperscale Data to Form Patriot BTC to Separate Bitcoin Mining Assets

Hypertec Cloud Acquires 5C Data Centers to Form 5C Group

April 10, 2025

Infrastructure

Hypertec Cloud has acquired 5C Data Centers and spun Hypertec Cloud out of Hypertec Group to create 5C Group, a combined AI digital infrastructure provider. The deal integrates Hypertec Cloud's high-performance AI compute capabilities with 5C Data Centers' U.S. campus footprint to accelerate AI deployments, improve speed-to-deployment, and optimize performance and cost for large AI and enterprise customers.

CleanSpark Acquires Cheyenne Bitcoin Mining Site in Wyoming

August 1, 2024

Infrastructure

CleanSpark Inc. executed 75 MW of power contracts and completed the acquisition of a Bitcoin mining site in Cheyenne, Wyoming, with an initial 30 MW immersion-cooled data center expected to add over 2 EH/s to its hashrate in 2024. The company is also progressing to close a second Wyoming site that would add an additional 45 MW (≈3 EH/s) once brought online.

H.I.G. Capital Acquires Patriot Pickle from Swander Pace Capital

January 16, 2024

Food & Beverage

H.I.G. Capital (through an affiliate) has acquired Patriot Pickle, a manufacturer and distributor of refrigerated pickles and other fermented foods headquartered in Wayne, New Jersey, from Swander Pace Capital. H.I.G. will partner with Patriot's existing management to support the company's next phase of organic and acquisition-driven growth; terms were not disclosed.

CAPTRUST Acquires Patriot Pension Advisors

October 19, 2022

Financial Services

CAPTRUST Financial Advisors acquired Massachusetts-based Patriot Pension Advisors, a retirement-plan specialist that oversees roughly $900 million in client assets. MidCap Advisors served as Patriot Pension Advisors' exclusive financial advisor; Patriot's leaders Ted Burke and Michelle Marchionni will continue to run the business as CAPTRUST expands its Northeast footprint.

DataBank Acquires Pittsburgh and Cleveland Data Centers from 365 Data Centers

April 20, 2022

Infrastructure

DataBank acquired data center facilities in Pittsburgh, Pennsylvania and Cleveland, Ohio from 365 Data Centers in January 2017. The acquisitions provided DataBank with key carrier interconnection assets and accelerated its national expansion by establishing anchor sites in two new markets.

Magellan Scientific Raises Equity and Purchases 1,600 MicroBT Whatsminer M30S Servers

December 3, 2021

Energy

Magellan Scientific, LLC closed its initial round of equity funding and simultaneously acquired 1,600 MicroBT Whatsminer M30S ASIC mining servers. The company will deploy the servers across Q4 2021 and Q1 2022, using ~6MW of its 100MW off-grid capacity in Ohio and Pennsylvania to expand Bitcoin production and hold mined digital assets.