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Announced

Completed

Stonecourt Capital completed the acquisition of 365 Data Centers from Chirisa.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Domestic

Acquisition

data center operator

United States

Completed

Private

Private Equity

Majority

Data Centers and Hosting

Friendly

Synopsis

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Private equity firm Stonecourt Capital completed the acquisition of 365 Data Centers, a hybrid data center and network solutions provider, from Chirisa, a private investment firm. Financial terms were not disclosed. "We are pleased to welcome Stonecourt as a partner in 365 Data Centers and we are excited to partner with them to foster the next phase of the Company's expansion. On behalf of the entire 365 team, I want to thank our outgoing investors, Chirisa and Turning Rock Partners, and our outgoing Board members, Colm Piercy and Maggie Arvedlund, who have supported 365 and its management team since the beginning," Bob DeSantis, 365 Data Centers CEO.

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