M&A Deal Summary

TierPoint Acquires Altered Scale

On December 17, 2015, TierPoint acquired information services company Altered Scale

Acquisition Highlights
  • This is TierPoint’s 1st transaction in the Information Services sector.
  • This is TierPoint’s 7th transaction in the United States.
  • This is TierPoint’s 1st transaction in Illinois.

M&A Deal Summary

Date 2015-12-17
Target Altered Scale
Sector Information Services
Buyer(s) TierPoint
Deal Type Add-on Acquisition

Target

Altered Scale

Chicago, Illinois, United States
Altered Scale is a provider of data center services including cloud, colocation and managed services. Altered Scale is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

TierPoint

St. Louis, Missouri, United States

Category Company
Founded 2010
Sector Information Technology
DESCRIPTION

TierPoint is a provider of data center colocation, internet connectivity, managed services, cloud services, and disaster recovery services. TierPoint was founded in 2010 and is based in St. Louis, Missouri.


DEAL STATS #
Overall 7 of 8
Sector (Information Services) 1 of 1
Type (Add-on Acquisition) 7 of 8
State (Illinois) 1 of 1
Country (United States) 7 of 8
Year (2015) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-19 Windstream Holdings - Windstream Data Center Business

Little Rock, Arkansas, United States

Windstream Holdings, Inc. - Windstream Data Center Business provides data centers from wholesale providers, including Compass Datacenters and Sabey Data Centers.

Buy $575M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-20 Cosentry

Omaha, Nebraska, United States

Cosentry, Inc. is a provider of cloud, colocation and managed services. The company provides data center services (colocation, hosting, managed Internet access), managed services (24/7 help desk, network monitoring, compliance), cloud computing (virtual servers, disk backup, storage), security and disaster recovery. Cosentry was founded in 2000 and is based in Omaha, Nebraska.

Buy -