M&A Deal Summary

Cogeco Peer 1 Acquires ServerBeach

On October 21, 2004, Cogeco Peer 1 acquired internet software and services company ServerBeach for 7M USD

Acquisition Highlights
  • This is Cogeco Peer 1’s 1st transaction in the Internet Software and Services sector.
  • This is Cogeco Peer 1’s largest (disclosed) transaction.
  • This is Cogeco Peer 1’s 1st transaction in the United States.
  • This is Cogeco Peer 1’s 1st transaction in Texas.

M&A Deal Summary

Date 2004-10-21
Target ServerBeach
Sector Internet Software and Services
Buyer(s) Cogeco Peer 1
Deal Type Add-on Acquisition
Deal Value 7M USD

Target

ServerBeach

San Antonio, Texas, United States
ServerBeach Ltd. is a web hosting service provider.

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Buyer(S) 1

Buyer

Cogeco Peer 1

Toronto, Ontario, Canada

Category Company
Sector Information Technology
DESCRIPTION

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.


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2004) 1 of 1
Size (of disclosed) 1 of 1