M&A Deal Summary

H5 Data Centers Acquires Intuit - Data Center

On July 18, 2018, H5 Data Centers acquired information technology company Intuit - Data Center from Intuit

Acquisition Highlights
  • This is H5 Data Centers’ 2nd transaction in the Information Technology sector.
  • This is H5 Data Centers’ 2nd transaction in the United States.
  • This is H5 Data Centers’ 1st transaction in Washington.

M&A Deal Summary

Date 2018-07-18
Target Intuit - Data Center
Sector Information Technology
Buyer(s) H5 Data Centers
Sellers(s) Intuit
Deal Type Divestiture

Target

Intuit - Data Center

Quincy, Washington, United States
Intuit, Inc. - Data Center is a provider of IT services in Quincy, Washington

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Buyer(S) 1

Buyer

H5 Data Centers

Greenwood Village, Colorado, United States

Category Company
Founded 2013
Sector Information Technology
DESCRIPTION

H5 Data Centers LLC is a designer and engineer flexible and scalable data center and interconnection solutions to address the business and operational requirements of its customers.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
State: Washington M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-26 Cleveland Technology Center

Cleveland, Ohio, United States

Cleveland Technology Center LLC is a data center serving enterprises and cloud services provider.

Buy -

Seller(S) 1

SELLER

Intuit

Mountain View, California, United States

Category Company
Founded 1983
Sector Software
Employees18,800
Revenue 16.3B USD (2024)
DESCRIPTION
Intuit's corporate headquarters in Mountain View, California.
Intuit's corporate headquarters in Mountain View, California.

Intuit is a provider of business and financial management solutions for small businesses, consumers and accounting professionals. The Company's flagship products and services help customers solve business and financial management problems, such as running a small business, paying bills, filing income taxes, or managing personal finances. ProSeries and Lacerte are Intuit’s tax preparation offerings for professional accountants. Intuit's products and services are available in the United States, Canada, the United Kingdom, Australia, India and Singapore. Intuit was formed in 1983 and is based in Mountain View, California.


DEAL STATS #
Overall 11 of 12
Sector: Information Technology M&A 2 of 3
Type: Divestiture M&A Deals 9 of 10
State: Washington M&A 1 of 1
Country: United States M&A 11 of 12
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-05 TSheets.com

Eagle, Idaho, United States

TSheets.com LLC is a platform for small and medium businesses, self-employed, and accountants use to automate time tracking and scheduling for them and their workers. TSheets.com LLC was established in 2006 and is based in Eagle, Idaho.

Buy $340M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-28 Origami Logic

Santa Clara, California, United States

Origami Logic, Inc. is a marketing analytics company that helps brands and agencies master their marketing performance. Origami Logic platform collects and harmonizes data from all online and offline marketing channels, so you can get accurate results quickly. Origami Logic, Inc. was founded in 2012 and is based in Santa Clara, California.

Buy -