M&A Deal Summary

DartPoints Acquires Venyu Solutions

On June 15, 2023, DartPoints acquired information technology company Venyu Solutions from EATELCORP

Acquisition Highlights
  • This is DartPoints’ 2nd transaction in the Information Technology sector.
  • This is DartPoints’ 3rd transaction in the United States.
  • This is DartPoints’ 1st transaction in Louisiana.

M&A Deal Summary
Date 2023-06-15
Target Venyu Solutions
Sector Information Technology
Buyer(s) DartPoints
Sellers(s) EATELCORP
Deal Type Add-on Acquisition

Target

Venyu Solutions

Baton Rouge, Louisiana, United States
website
Venyu Solutions is a provider of data protection, recovery, and availability services tailored to support the recovery objectives and service levels companies require to stay competitive. Venyu’s progressive portfolio includes online data backup, physical and virtualized recovery solutions, managed hosting, SaaS, and co-location services. Venyu is backed by geographically-diverse, Tier IV datacenters, highly-qualified technicians, and iron-clad security controls. Venyu Solutions was founded in 1989 and is based in Baton Rouge, Louisiana.

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Buyer(S) 1

Buyer

DartPoints

Dallas, Texas, United States

website

Category Company
Founded 2012
Sector Information Technology
DESCRIPTION

DartPoints is an owner and operator of edge colocation data centers in all forms of real estate empowering the benefits of the edge and driving high-performance ecosystems for carriers, cloud, content providers, and enterprises. DartPoints was founded in 2012 and is based in Dallas, Texas.

DEAL STATS #
Overall 3 of 3
Sector (Information Technology) 2 of 2
Type (Add-on Acquisition) 3 of 3
State (Louisiana) 1 of 1
Country (United States) 3 of 3
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-16 Immedion

Greenville, South Carolina, United States

Immedion is a provider of colocation, cloud, and managed services with eight data centers in seven markets throughout South Carolina, North Carolina, Ohio, and Indiana. Immedion was founded in 2007 and is based in Greenville, South Carolina.

Buy -

Seller(S) 1

SELLER

EATELCORP

Gonzales, Louisiana, United States

website

Category Company
Founded 1983
Sector Communications
DESCRIPTION

EATELCORP, Inc. operates as a part of Ascension and Livingston Parish communities. the company that built the local phone system and providing an entire suite of services including TV, Internet and phone, and offering 100% fiber-to-the-home networks in the country.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Louisiana) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-04 Venyu Solutions

Baton Rouge, Louisiana, United States

Venyu Solutions is a provider of data protection, recovery, and availability services tailored to support the recovery objectives and service levels companies require to stay competitive. Venyu’s progressive portfolio includes online data backup, physical and virtualized recovery solutions, managed hosting, SaaS, and co-location services. Venyu is backed by geographically-diverse, Tier IV datacenters, highly-qualified technicians, and iron-clad security controls. Venyu Solutions was founded in 1989 and is based in Baton Rouge, Louisiana.

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