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New Deal


Announced

Completed

DataBank completed the acquisition of four data centers from CyrusOne for $670m.

Financials

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Transaction Value£492m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Friendly

data centers

United States

Acquisition

Data Centers and Hosting

Domestic

Majority

Private

Completed

Synopsis

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DataBank, a provider of enterprise-class colocation, interconnection, and managed cloud services, completed the acquisition of four data centers from CyrusOne, a provider of mission-critical data center facilities, for $670m. "DataBank has deep roots in Texas, and we are excited to strengthen our partnership in the state even further with this expansion into the Houston market. We look forward to bringing our digital infrastructure to the fourth largest metro in the US. This acquisition underscores our commitment to this market and our belief in its continued prosperity," Raul K. Martynek, DataBank CEO.

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