M&A Deal Summary

Zayo Acquires Core NAP Operations

On June 4, 2013, Zayo acquired internet software and services company Core NAP Operations

Acquisition Highlights
  • This is Zayo’s 2nd transaction in the Internet Software and Services sector.
  • This is Zayo’s 16th transaction in the United States.
  • This is Zayo’s 1st transaction in Texas.

M&A Deal Summary

Date 2013-06-04
Target Core NAP Operations
Sector Internet Software and Services
Buyer(s) Zayo
Deal Type Add-on Acquisition

Target

Core NAP Operations

Austin, Texas, United States
Core NAP Operations, Inc. is a dense enterprise footprint with over 220 existing customers and five major carriers providing services to cloud, enterprise, financial, carrier, media and other connectivity focused customers.

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Buyer(S) 1

Buyer

Zayo

Boulder, Colorado, United States

Category Company
Founded 2007
Sector Communications
Employees3,700
Revenue 2.6B USD (2018)
DESCRIPTION
Zayo's corporate headquarters in Boulder, Colorado.
Zayo's corporate headquarters in Boulder, Colorado.

Zayo is a provider of bandwidth infrastructure and network neutral colocation and interconnection services. Zayo's services allow its customers, which include telecom carriers, wireless service providers, media and content companies, and other bandwidth-intensive businesses, to transport data, voice, video, and internet traffic, as well as to interconnect their networks. Zayo was founded in 2007 and is based in Boulder, Colorado.


DEAL STATS #
Overall 17 of 36
Sector: Internet Software and Services M&A 2 of 4
Type: Add-on Acquisition M&A Deals 17 of 33
State: Texas M&A 1 of 3
Country: United States M&A 16 of 29
Year: 2013 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-01 CoreLink Data Centers

Mount Prospect, Illinois, United States

M/C partnered with management to form CoreLink Data Centers in late 2007 to pursue the long-term trend of outsourcing information technology to managed services data centers. Corelink focuses on identifying and acquiring colocation opportunities in geographical markets that have high growth potential and are currently underserved. To date, CDC acquired datacenter assets in Seattle and Phoenix. CoreLink Data Centers is based in Mount Prospect, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-02 Access Communications

Regina, Saskatchewan, Canada

Access Communications, Inc. is a provider of metro Bandwidth Infrastructure services.

Buy $41M