M&A Deal Summary

Element Critical Acquires Skybox Datacenters - Houston One

On March 15, 2021, Element Critical acquired information technology company Skybox Datacenters - Houston One from Skybox Datacenters

Acquisition Highlights
  • This is Element Critical’s 1st transaction in the Information Technology sector.
  • This is Element Critical’s 1st transaction in the United States.
  • This is Element Critical’s 1st transaction in Texas.

M&A Deal Summary

Date 2021-03-15
Target Skybox Datacenters - Houston One
Sector Information Technology
Buyer(s) Element Critical
Sellers(s) Skybox Datacenters
Deal Type Divestiture

Target

Skybox Datacenters - Houston One

Dallas, Texas, United States
Skybox Datacenters' Houston One provides robust N+1 and 2N design and flexible deployment innovation. The purpose-built facility caters to enterprise users requiring 100% uptime for high-performance computing and latency-sensitive deployments for this region, and access to renewable power. Skybox Datacenters' Houston One is based in Dallas, Texas.

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Buyer(S) 1

Buyer

Element Critical

Vienna, Virginia, United States

Category Company
Sector Information Technology
DESCRIPTION

Element Critical owns and operates regulated data centers delivering a basic formula; fiber connectivity, high power and efficient cooling, retail and wholesale services, and metered power down to a single circuit. Element Critical's first facility is a large carrier neutral, network dense and cross connect friendly Tier III data and compute center with over 8 MW of IT load in the heart of Silicon Valley. Element Critical is based in Vienna, Virginia.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1

Seller(S) 1

SELLER

Skybox Datacenters

Dallas, Texas, United States

Category Company
Founded 2013
Sector Information Technology
DESCRIPTION

Skybox Datacenters data center developer, owner, and operator. Skybox delivers purpose-built, mission-critical facilities and is capable of speculative or build-to-suit projects. Skybox prides itself on creating innovative partnerships with investors, end-users, and property owners and is actively developing projects in several markets across the country. Skybox Datacenters was founded in 2013 and is based in Dallas, Texas.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1