M&A Deal Summary

DataBank Acquires zColo Data Centers

On December 17, 2020, DataBank acquired information technology company zColo Data Centers from Zayo

Acquisition Highlights
  • This is DataBank’s 4th transaction in the Information Technology sector.
  • This is DataBank’s 6th transaction in the United States.
  • This is DataBank’s 2nd transaction in Colorado.

M&A Deal Summary

Date 2020-12-17
Target zColo Data Centers
Sector Information Technology
Buyer(s) DataBank
Sellers(s) Zayo
Deal Type Divestiture

Target

zColo Data Centers

Boulder, Colorado, United States
zColo Data Centers is a provider of 44 data centers across 23 markets in the U.S. and Europe.

Search 214,876 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

DataBank

Dallas, Texas, United States

Category Company
Founded 2005
Sector Information Technology
DESCRIPTION

DataBank is a provider of an enterprise-class data center, cloud, and interconnection services, offering customers 100% uptime availability of data, applications, and infrastructure. DataBank’s managed data center services are anchored in world-class facilities. DataBank’s customized technology solutions are designed to help customers effectively manage risk, improve their technology performance and allow them to focus on their core business objectives.


DEAL STATS #
Overall 6 of 7
Sector: Information Technology M&A 4 of 5
Type: Divestiture M&A Deals 3 of 4
State: Colorado M&A 2 of 2
Country: United States M&A 6 of 7
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-29 Zayo Group Holdings - zColo Data Center Assets

Boulder, Colorado, United States

Zayo Group Holdings, Inc. - zColo Data Center Assets includes 44 data centers including 13 key interconnect locations across 23 markets in the U.S. and Europe.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-19 CyrusOne - Four Data Centers

Dallas, Texas, United States

The four Houston facilities include the data center located 4201 Southwest Freeway, currently known as the CyrusOne Galleria data center, as well as three others known as West I, West II, and West III, which are all located on the Westway Park Blvd Campus 20 minutes west of Downtown Houston.

Buy $670M

Seller(S) 1

SELLER

Zayo

Boulder, Colorado, United States

Category Company
Founded 2007
Sector Communications
Employees3,700
Revenue 2.6B USD (2018)
DESCRIPTION
Zayo's corporate headquarters in Boulder, Colorado.
Zayo's corporate headquarters in Boulder, Colorado.

Zayo is a provider of bandwidth infrastructure and network neutral colocation and interconnection services. Zayo's services allow its customers, which include telecom carriers, wireless service providers, media and content companies, and other bandwidth-intensive businesses, to transport data, voice, video, and internet traffic, as well as to interconnect their networks. Zayo was founded in 2007 and is based in Boulder, Colorado.


DEAL STATS #
Overall 3 of 3
Sector: Information Technology M&A 2 of 2
Type: Divestiture M&A Deals 3 of 3
State: Colorado M&A 2 of 2
Country: United States M&A 3 of 3
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-29 Zayo Group Holdings - zColo Data Center Assets

Boulder, Colorado, United States

Zayo Group Holdings, Inc. - zColo Data Center Assets includes 44 data centers including 13 key interconnect locations across 23 markets in the U.S. and Europe.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-09 Intelligent Fiber Network

Indianapolis, Indiana, United States

Intelligent Fiber Network provides fiber-based connectivity solutions to over 400 customers, operates a 5,000 route-mile network across multiple markets in Indiana, including Indianapolis, Fort Wayne, Columbus, Terre Haute, and South Bend.

Buy -