M&A Deal Summary

TierPoint Acquires Perimeter Technology Center

On July 11, 2013, TierPoint acquired information technology company Perimeter Technology Center from Thompson Street Capital Partners and Cequel III

Acquisition Highlights
  • This is TierPoint’s 3rd transaction in the Information Technology sector.
  • This is TierPoint’s 3rd transaction in the United States.
  • This is TierPoint’s 1st transaction in Oklahoma.

M&A Deal Summary
Date 2013-07-11
Target Perimeter Technology Center
Sector Information Technology
Buyer(s) TierPoint
Sellers(s) Thompson Street Capital Partners
Cequel III
Deal Type Add-on Acquisition

Target

Perimeter Technology Center

Oklahoma City, Oklahoma, United States
Perimeter Technology Center is a provider of data center colocation and managed hosting services in the Oklahoma region, with facilities in Oklahoma City and Tulsa. Perimeter Technology Center is based in Oklahoma City, Oklahoma.

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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 3 of 8
Sector (Information Technology) 3 of 3
Type (Add-on Acquisition) 3 of 8
State (Oklahoma) 1 of 1
Country (United States) 3 of 8
Year (2013) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-11 Baltimore Technology Park

Baltimore, Maryland, United States

Baltimore Technology Park is a redundant data center facility that enables large and small enterprises in the general area to have a scalable network presence in a secured facility. Baltimore Technology Park is based in Baltimore, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-03 Xand

Hawthorne, New York, United States

Xand Corp. is a provider of resilient data center, cloud, and managed services. With data centers in New York, Pennsylvania, Connecticut, and Massachusetts, Xand offers colocation, cloud, enterprise hosting, managed services, business continuity, disaster recovery, and managed networking throughout the region via best-in-class facilities, engineering expertise, and commitment to customer service excellence. Xand was founded in 1990 and is based in Hawthorne, New York.

Buy -

Seller(S) 2

SELLER

Thompson Street Capital Partners

St. Louis, Missouri, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2001
PE ASSETS 2.6B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Thompson Street Capital Partners is a private equity firm that targets control stakes in profitable, mid-sized North American companies with $5 to $20 million of EBITDA. Thompson Street looks for family businesses, private companies seeking liquidity, corporate divestitures, and public companies going private. Areas of interest include healthcare services, business services, electronics, information technology, and engineered products companies. Thompson Street will not consider investments in start-ups, early stage companies, or real estate. Thompson Street Capital was founded in 2000 and is based in St. Louis, Missouri.

DEAL STATS #
Overall 14 of 47
Sector (Information Technology) 3 of 8
Type (Add-on Acquisition) 7 of 24
State (Oklahoma) 1 of 2
Country (United States) 14 of 47
Year (2013) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-11 Baltimore Technology Park

Baltimore, Maryland, United States

Baltimore Technology Park is a redundant data center facility that enables large and small enterprises in the general area to have a scalable network presence in a secured facility. Baltimore Technology Park is based in Baltimore, Maryland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-10 TierPoint

St. Louis, Missouri, United States

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.

Buy -
SELLER

Cequel III

St. Louis, Missouri, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2002
Size Small
Type Sector Agnostic
DESCRIPTION

Cequel III LLC is a specialist investment and management firm focused on the development of cable and telecommunications companies. Cequel was formed in 2002 and is based in St. Louis, Missouri.

DEAL STATS #
Overall 6 of 8
Sector (Information Technology) 2 of 2
Type (Add-on Acquisition) 5 of 5
State (Oklahoma) 1 of 1
Country (United States) 6 of 8
Year (2013) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-11 AdHost

Seattle, Washington, United States

Adhost is a data center provider delivering complete server colocation, virtual cloud servers, and managed server solutions via three secure, carrier-neutral Seattle data centers. AdHost is based in Seattle, Washington.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-10 TierPoint

St. Louis, Missouri, United States

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.

Buy -
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