365 Data Centers Acquires U.S. Colocation and Network Business from Sungard Availability Services
November 7, 2022
365 Data Centers has agreed to acquire Sungard Availability Services' U.S. colocation and network business, adding eight primarily high-density data centers across key edge markets and roughly 400 customers. The asset purchase expands 365's footprint to 20 network-centric facilities and was funded by 365's existing equity owners (including Stonecourt Capital and Lumerity Capital) and its lending syndicate.
- Buyers
- 365 Data Centers, Stonecourt Capital, Lumerity Capital
- Targets
- Sungard Availability Services (U.S. colocation and network business)
- Sellers
- Sungard Availability Services
- Industry
- Telecommunications
- Location
- Pennsylvania, United States
- Transaction Type
- Divestiture
Explore More
Related Acquisitions
-
Stonecourt Capital Acquires 365 Data Centers
October 6, 2020
Telecommunications
Stonecourt Capital LP has acquired 365 Data Centers, a provider of hybrid data center and edge colocation solutions, with original investors Lumerity Capital and Longboat Advisors reinvesting alongside the new partner. 365's management team, led by CEO Bob DeSantis, will remain in place as Stonecourt provides capital to accelerate organic growth and pursue near-term acquisitions.
-
11:11 Systems Acquires Sungard Availability Services' Recovery and Cloud Managed Services Businesses
November 3, 2022
IT Services
11:11 Systems has completed the acquisitions of Sungard Availability Services’ Recovery Services business and Cloud and Managed Services (CMS) business, integrating the brands into 11:11’s suite of cloud, connectivity and security solutions. The deal — executed with backing from Tiger Infrastructure Partners — expands 11:11’s capabilities and customer footprint, positioning the company as a market leader in managed infrastructure and resilience services.
-
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.
-
UPSTACK Acquires DataCenterAndColocation.com
July 22, 2021
IT Services
UPSTACK has acquired DataCenterAndColocation.com, a consulting firm that advises midmarket and enterprise customers on data center and colocation solutions; terms were not disclosed. As part of the deal, CEO John Giaquinta joins UPSTACK as a Partner and Managing Director and becomes an equity stakeholder. The acquisition supports UPSTACK's strategy to expand its advisor network and capabilities as it scales following a $50 million equity investment from Berkshire Partners.
-
365 Data Centers Acquires Atlantic Metro Communications
November 17, 2020
Cloud & SaaS
365 Data Centers has acquired Atlantic Metro Communications, adding a data center facility in Herndon, Virginia and expanding 365's colocation, network and cloud footprint across the U.S. The transaction increases 365's PoPs and cloud platform locations and brings Atlantic Metro's leadership team into 365's executive ranks.
-
Involta Acquires SecureData 365 Data Center in Canton, Ohio
May 6, 2021
IT Services
Involta has acquired the assets and employees of SecureData 365, adding the Canton, Ohio data center and team to its national hybrid IT and data center services portfolio. The deal expands Involta’s geographic footprint in northeast Ohio and enhances its ability to deliver colocation, managed services and hybrid cloud solutions to enterprise customers.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.