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New Deal


Announced

DIF Capital Partners to acquire Tonaquint.

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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Pending

Private

Single Bidder

Acquisition

United States

Majority

Private Equity

Data Centers and Hosting

data center operator

Cross Border

Friendly

Synopsis

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DIF Capital Partners, an independent infrastructure equity fund manager, agreed to acquire Tonaquint, a data center provider in the Mountain West region in the United States. Financial terms were not disclosed. "Working with the DIF team has been such a great experience. A very experienced team and a good strategic fit as they will be able to help our management team grow Tonaquint as we have envisioned in our overall business strategy. Our goals still remain the same: provide our customers with the best infrastructure and match it with the best client experience. That's who we are," Matt Hamlin, Tonaquint CEO.

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