M&A Deal Summary |
|
|---|---|
| Date | 2020-11-16 |
| Target | Atlantic Metro Communications |
| Sector | Information Technology |
| Buyer(s) | 365 Data Centers |
| Sellers(s) | NewSpring Capital |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Q Advisors LLC (Financial) Ferdinand IP (Legal) |
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| Category | Company |
|---|---|
| Founded | 2002 |
| Sector | Information Technology |
365 Data Centers is a provider of hybrid data center solutions in 12 strategic, primarily edge, markets. With Data Centers in Boca Raton, Bridgewater (New Jersey), Buffalo, Chicago, Commack (Long Island), Detroit, Fort Lauderdale, Indianapolis, Nashville, Philadelphia, New York City, and Tampa, the Company operates facilities aggregating 230,000 square feet and 22 MW of power, along with an interconnected, resilient, low latency, nationwide fiber network. 365 Data Centers was founded in 2002 and is based in Norwalk, Connecticut.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector (Information Technology) | 3 of 3 |
| Type (Add-on Acquisition) | 3 of 3 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 4 of 4 |
| Year (2020) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-09-09 |
New York Internet - New Jersey Data Center
New York, New York, United States New York Internet (NYI) - New Jersey Data Center is a 25,000-square-foot data center offers an immediate 2.3MW of capacity 40 miles from New York City. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 3.5B USD |
| Size | Large |
| Type | Sector Agnostic |
NewSpring Capital is a private investment firm focused on growth companies in the Mid-Atlantic US. The Firm can provide both growth equity and junior capital to prospective companies. NewSpring's target investment size for both mezzanine and equity financing is $2 to $5 million, although for new ventures, the Firm can commit up to $10 million. Sectors of interest include specialty manufacturing, technology, business services, information technology, life science, healthcare services, and medical devices. NewSpring Capital was formed in 1999 and is based in Radnor, Pennsylvania with an additional office in Short Hills, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 65 of 86 |
| Sector (Information Technology) | 10 of 16 |
| Type (Add-on Acquisition) | 38 of 48 |
| State (New Jersey) | 7 of 8 |
| Country (United States) | 64 of 85 |
| Year (2020) | 5 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-05 |
Eastern Wholesale Fence
Medford, New York, United States Eastern Wholesale Fence is a manufacturer and distributor of a full range of fence products. Eastern Wholesale Fence produces poly vinyl-chloride (“PVC”), wood, and chain link fence and railing products. Eastern Wholesale Fence was founded in 1971 and is based in Medford, New York. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-19 |
Incorp
Evansville, Indiana, United States Incorp is a provider of insulation, scaffolding, and other multi-craft services in electric generation, agricultural, water and water treatment, and pulp and paper facilities. Incorp was founded in 1996 and is headquartered in Evansville, Indiana. |
Buy | - |
