M&A Deal Summary

QTS Acquires TCN/SIG Telehousing B.V. - Two Data Centers

On April 30, 2019, QTS acquired information technology company TCN/SIG Telehousing B.V. - Two Data Centers from TCN/SIG Telehousing B.V. for 44M USD

Acquisition Highlights
  • This is QTS’s 2nd transaction in the Information Technology sector.
  • This is QTS’s 2nd largest (disclosed) transaction.
  • This is QTS’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2019-04-30
Target TCN/SIG Telehousing B.V. - Two Data Centers
Sector Information Technology
Buyer(s) QTS
Sellers(s) TCN/SIG Telehousing B.V.
Deal Type Divestiture
Deal Value 44M USD

Target

TCN/SIG Telehousing B.V. - Two Data Centers

Netherlands
TCN/SIG Telehousing B.V. - Two Data Centers assets are located in the cities of Groningen and Eemshaven, which are located northeast of Amsterdam. The Netherlands remains one of the top European markets for data center users due to competitive utility and operating costs, availability of renewable power resources and proximity to diverse connectivity options to other major European markets.

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Buyer(S) 1

Buyer

QTS

Sterling, Virginia, United States

Category Company
Sector Information Technology
Employees634
Revenue 539M USD (2020)
DESCRIPTION

QTS is a provider of secure, compliant data center solutions and fully managed services. QTS’ integrated technology service platform of custom data center (C1), colocation (C2) and cloud and managed services (C3) provides flexible, scalable, secure IT solutions for web and IT applications. QTS is based in Sterling, Virginia.


DEAL STATS #
Overall 4 of 4
Sector: Information Technology M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
Country: Netherlands M&A 1 of 1
Year: 2019 M&A 2 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-25 QTS Joint Venture

United States

Astatine has a strategic alliance with QTS Realty Trust (“QTS”), owners and operators of data centers in the United States. The first investment under the alliance is an interest in the Manassas data center in Manassas in Virginia. The data center is leased to a leading global cloud-based software company under a long-term agreement.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-05 Zentrys

Buy -

Seller(S) 1

SELLER

TCN/SIG Telehousing B.V.

Eemshave, Netherlands

Category Company
Sector Information Technology
DESCRIPTION

TCN/SIG Telehousing B.V. operates as a carrier neutral provider of data centers and communication infrastructure. The company is based in Eemshaven, the Netherlands.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Netherlands M&A 1 of 1
Year: 2019 M&A 1 of 1
Size (of disclosed) 1 of 1