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New Deal


Announced

Astra Capital-backed DartPoints to acquire Immedion.

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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Private

Friendly

colocation services

Private Equity

United States

Domestic

IT Services: Other

Acquisition

Majority

Single Bidder

Pending

Synopsis

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DartPoints, an owner and operator of edge colocation data centers, agreed to acquire Immedion, a provider of colocation, cloud, and managed services with eight data centers. Financial terms were not disclosed. “We are excited about the combined opportunities Immedion’s colocation facilities bring to DartPoints. We value the enterprise customers that rely on Immedion’s cloud and managed services platforms and look forward to enhancing capabilities in the future. The team at Immedion has built a great company, and we will continue their commitment of ensuring a customer-first approach while adding service offerings across their entire footprint. This acquisition is yet another example of how we are delivering on our strategy to improve regional interconnection, particularly to markets that need it most,” Scott Willis, DartPoints CEO.

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