M&A Deal Summary

DataBank Acquires Zayo Group Holdings - zColo Data Center Assets

On September 29, 2020, DataBank acquired information technology company Zayo Group Holdings - zColo Data Center Assets from Zayo

Acquisition Highlights
  • This is DataBank’s 3rd transaction in the Information Technology sector.
  • This is DataBank’s 5th transaction in the United States.
  • This is DataBank’s 1st transaction in Colorado.

M&A Deal Summary
Date 2020-09-29
Target Zayo Group Holdings - zColo Data Center Assets
Sector Information Technology
Buyer(s) DataBank
Sellers(s) Zayo
Deal Type Divestiture
Advisor(s) J.P. Morgan Securities (Financial)
Skadden, Arps, Slate, Meagher & Flom (Legal)

Target

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.

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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 5 of 7
Sector (Information Technology) 3 of 5
Type (Divestiture) 2 of 4
State (Colorado) 1 of 2
Country (United States) 5 of 7
Year (2020) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-01 DataBank Holdings - LightBound fiber/CLEC Assets

Indianapolis, Indiana, United States

DataBank Holdings Ltd. - LightBound fiber/CLEC Assets compromises a 200-plus-mile Indianapolis-based fiber network.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-17 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.

Buy -

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 2 of 3
Sector (Information Technology) 1 of 2
Type (Divestiture) 2 of 3
State (Colorado) 1 of 2
Country (United States) 2 of 3
Year (2020) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-29 Neutral Path Communications

Mankato, Minnesota, United States

Neutral Path Communications LLC is a long haul infrastructure provider, operating a fiber network in the Midwest. Neutral Path Communications is based in Mankato, Minnesota.

Buy $32M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-17 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.

Sell -
Mergr

Product

Company

Legal