M&A Deal Summary

Cequel Data Centers Acquires BinTris Moving and Self Storage

On December 4, 2018, Cequel Data Centers acquired real estate company BinTris Moving and Self Storage

Acquisition Highlights
  • This is Cequel Data Centers’ 1st transaction in the Real Estate sector.
  • This is Cequel Data Centers’ 3rd transaction in the United States.
  • This is Cequel Data Centers’ 1st transaction in Michigan.

M&A Deal Summary
Date 2018-12-04
Target BinTris Moving and Self Storage
Sector Real Estate
Buyer(s) Cequel Data Centers
Deal Type Add-on Acquisition

Target

BinTris Moving and Self Storage

Saint Joseph, Michigan, United States
BinTris Moving and Self Storage operating four locations in Saint Joseph, Michigan area, will now carry the StayLock brand. BinTris Moving and Self Storage - Palladium in Saint Joseph, MI, makes moving and storage easier and more convenient for you. Offering an impressive selection of storage unit sizes, our facility is equipped to handle most any need. Highlights of our property include 24/7 online rentals, a convenient location, and climate controlled units.

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Buyer(S) 1

Buyer

Cequel Data Centers

Saint Louis, Missouri, United States
Category Company
Founded 2010
Sector Information Technology
DESCRIPTION

Cequel Data Centers LLC is a provider of carrier-neutral, data-center colocation services, with highly redundant power supplies, environmental controls, and other critical infrastructure support at a 68,000-square-foot, state-of-the-art facility in Dallas.

DEAL STATS #
Overall 3 of 3
Sector (Real Estate) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Michigan) 1 of 1
Country (United States) 3 of 3
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-10 TierPoint

St. Louis, Missouri, United States

TierPoint is a provider of data center colocation, internet connectivity, managed services, cloud services, and disaster recovery services. TierPoint was founded in 2010 and is based in St. Louis, Missouri.

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