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Announced

Completed

Involta completed the acquisition of SecureData 365 assets in Canton, Ohio from SecureData 365.

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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Data Centers and Hosting

United States

Single Bidder

Domestic

data center operator

Private

Majority

Friendly

Acquisition

Completed

Synopsis

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Involta, an IT service provider and consulting firm, completed the acquisition of SecureData 365 assets in Canton, Ohio from SecureData 365, a data center operator. Financial terms were not disclosed. "Involta and SecureData 365 are very much aligned on values. We're committed to leading with superior infrastructure and services, operational excellence, and people who deliver. Together, we'll continue to focus on people, process, and technology to meet our customers' needs. We're excited to welcome SecureData 365 customers and staff to the Involta team, and we're looking forward to innovating and navigating today's complex landscape together," Bruce Lehrman, Involta Founder and CEO.

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