M&A Deal Summary

DigitalBridge Group Acquires Cogeco Peer 1

On February 27, 2019, infrastructure investor DigitalBridge Group acquired information technology company Cogeco Peer 1 from Cogeco Communications for 720M CAD

Acquisition Highlights
  • This is DigitalBridge Group’s 4th transaction in the Information Technology sector.
  • This is DigitalBridge Group’s 4th largest (disclosed) transaction.
  • This is DigitalBridge Group’s 1st transaction in Canada.
  • This is DigitalBridge Group’s 1st transaction in Ontario.

M&A Deal Summary

Date 2019-02-27
Target Cogeco Peer 1
Sector Information Technology
Buyer(s) DigitalBridge Group
Sellers(s) Cogeco Communications
Deal Type Divestiture
Deal Value 720M CAD

Target

Cogeco Peer 1

Toronto, Ontario, Canada
website
Cogeco Peer 1, Inc. is a provider of outsourced Internet infrastructure in the form of colocation and related managed services to enterprise customers in the US, and to a lesser extent, in Canada.

Search 193,605 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Buyer(S) 1

DESCRIPTION
DigitalBridge's headquarters in Boca Raton, Florida.
DigitalBridge's headquarters in Boca Raton, Florida.

DigitalBridge Group is a global digital infrastructure investment firm. The Firm looks to acquire a variety of assets and operating businesses spanning cell towers, data centers, fiber, small cells, and edge infrastructure. DigitalBridge is headquartered in Boca Raton, Florida.


DEAL STATS #
Overall 5 of 12
Sector (Information Technology) 4 of 4
Type (Divestiture) 1 of 1
State (Ontario) 1 of 2
Country (Canada) 1 of 2
Year (2019) 1 of 4
Size (of disclosed) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-27 Vantage Data Centers

Santa Clara, California, United States

Vantage Data Centers is a highly scalable, flexible and efficient data center offering unique value through its commitment to exceptional customer service. Operating campuses in Silicon Valley, Calif., and Quincy, Wash., Vantage offers industry leading data center design solutions engineered to meet the unique requirements of enterprises, technology companies and service providers. Vantage’s first Silicon Valley campus includes four data centers totaling 51 megawatts (MW) of critical IT load, with an additional 24MW of expansion capacity under development. In addition, Vantage is developing a second Vantage Silicon Valley campus offering an additional 69MW of capacity. Vantage also operates a 6MW data center in Quincy, Washington with plans to add four additional data centers to the campus.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-08 Zayo

Boulder, Colorado, United States

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.

Buy $14.3B

Seller(S) 1

SELLER

Cogeco Communications

Montreal, Quebec, Canada

website


Category Company
Founded 1972
Sector Communications
Employees3,740
Revenue 2.9B CAD (2022)
DESCRIPTION

Cogeco Communications is a telecommunications corporation and is the second largest hybrid fibre coaxial cable system operator in Ontario and Québec. Cogeco Communications was incorporated in 1972 and is based in Montreal, Canada.


DEAL STATS #
Overall 3 of 3
Sector (Information Technology) 2 of 2
Type (Divestiture) 3 of 3
State (Ontario) 1 of 1
Country (Canada) 2 of 2
Year (2019) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-24 Nümedia

Montréal, Quebec, Canada

Nümedia provides intelligent media solutions to its client by enabling in-venue music, experiences, communication, engagement, and activation.

Sell $2M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-21 DERYtelecom

Saguenay, Quebec, Canada

DERYtelecom offers Internet, television, and telephony services to approximately 100,000 customers in over 200 municipalities across several regions in Quebec, including Estrie, Lanaudière, Montérégie, and the Laurentians.

Buy $405M