stonepeak cologix acquisition “This equity round is focusing the next evolution of Cologix,” Cox said. Jim Holanda: [Private equity firm] TPG has been a wonderful partner over these four-plus years, and their strength in providing capital allowed us to buy Wave Broadband and put this company together, make it the sixth-largest cable company in the country and give us a real national, coast-to-coast footprint. For over 30 years, Columbia Capital has been helping build some of the leading CMT companies by developing new businesses with entrepreneurs and providing equity capital. 7x EBITDA Ascent Kimball Bridge Partners5. 675 billion acquisition of ViaWest (2017) Represented Cologix in its majority recapitalization by Stonepeak Infrastructure Partners (2017) Represented Sentinel Data Centers in its $490 million sale to CyrusOne (2017) Represented Vantage Data Centers in its sale to Digital Bridge Holdings (2017) Stonepeak also owns Cologix, a colocation and interconnection firm in North America. StonePeak Ceramics is taking on Coverings, the largest ceramic tile and natural stone expo in the United States, from April 20 to 23 in New Orleans, Louisiana. Executive Q&A: Astound Broadband CEO on recent acquisition by Stonepeak. Xplornet confirms acquisition by Stonepeak The equity firm owns another company in Canada, data centre company Cologix, with 17 facilities across Montreal, Toronto and Vancouver. Stonepeak is the majority owner of Cologix, a leading carrier-neutral data centre platform in North America, with 30 prime interconnection hubs and four hyperscale facilities, and euNetworks, delivering high bandwidth connectivity in Europe, with deep fiber networks in 17 cities and a long-haul network spanning 15 countries. 41bn globally, with companies including EQT Infrastructure IV Fund and Inexio Beteiligungs GmbH & Co. 35 BN 17. 74 per Equinix Share for the 5 day period to 28 May 2015 (being the last Business Day before the date of this Announcement) and an Sponsor Stonepeak Infrastructure Partners is contributing $125 million, including $50 million of new equity and a $75 add-on to a $171. Stonepeak Infrastructure Partners (www. Cologix executives and additional investors retain stakes in the company. Nov 11, 2020. " PTC’s Annual Conference is a strategic springboard for the global communications industry, providing all attendees with a three-day platform to focus on planning, networking, and discovering what lies ahead for the ICT industry. Cologix Canada separately has a C$106. "The stable outlook reflects our belief that the company will continue to profitably monetize recent large investments in capacity expansion, such that leverage continues to decline to levels more appropriate for the rating over the next year. from Sandler Capital, Barrett Corporation, WaveDivision Capital, Werklund Family Office, McKenna Gale Capital, Catalyst Investors. Comm-Works acquired Network Access Products for an undisclosed sum. 7, 2020 /PRNewswire/ -- Cologix, a network-neutral interconnection, ecosystem and hyperscale edge data center company, today announced the appointment of Ken desGarennes to the Cologix Board of Directors, effective August 10, 2020. Geo was the first specialist provider of leased optical fibre in the UK, originally… Mubadala Invests in Leading North American Data Center Business, Cologix 23 September 2019. They started focusing on tier two and three market opportunities before it became popular, blending acquisitions with organic expansions to rapidly establish themselves as a national player in the interconnection-focused data center world. Discretionary capital spending in 2019 is meaningfully funded by the recent and substantial equity contributions of Cologix's equity sponsor, Stonepeak Infrastructure Partners (Stonepeak Partners). They currently operate 33 data centers in 10 markets. Converge! Network Digest provides comprehensive, insightful coverage of the convergence of networking technologies. In addition, with the continued deployment of cloud services, the data center industry is experiencing continued growth that Cologix is well placed to capitalize on. Transaction; Last Updated: 25/09/2019 Transaction ID: 39848 The proceeds will be used by New York-based Stonepeak Infrastructure Partners to acquire a majority stake in Cologix, a North American data centres and interconnections company. The acquisition adds to a portfolio that includes assets from energy to transportation. The value marked an increase of 54. JV Co will finance the construction of three of the company’s interests in high-quality midstream assets: (i) Targa’s 25% interest in the Gulf Coast Express pipeline, (ii) a 20% interest in the Grand Prix pipeline, and (iii) a 100% interest in Targa’s next fractionation train. Patrick previously served on the boards of Cologix (acquired by Stonepeak) , Virtustream (acquired by EMC), mindSHIFT (acquired by Best Buy), and New Global Telecom (acquired by Comcast), and he was involved with a number of the firm’s previous Internet Infrastructure, Enterprise IT Services, and Mobile investments, including Presidio (acquired by American Securities), XM Satellite Radio (NASDAQ: XMSR), and NuVox Communications (acquired by Windstream). Stonepeak Claremont Merger Sub, Inc. He also has investing and transaction experience across a broad range of sectors while at Advent International and J. 8% and 6. 204: Remove Expired Agreements Acquirer: Zayo Group Integra Telecom (1996, Vancouver, $617M) Provides facilities-based communications and network services Acquirer: CyrusOne Deal: $490M Sentinel Data Centers (2001, New York City) Offers data centers services 2017 Acquirer: Stonepeak Infrastructure Partners Cologix (2010, Denver, $75. 34 billion sale to Iron Mountain Cologix’s specialization has been in retail colocation and interconnection, primarily in secondary North American markets. Fathers, age 49, has served as a Director of Ciena since August 2017. DENVER—Colocation services provider Cologix said Thursday afternoon that Stonepeak Infrastructure Partners had agreed to acquire a majority Cologix General Information Description. Read more Cologix has announced that Bill Fathers has been named chairman and chief executive officer succeeding Grant van Rooyen. P. Operational since December 2010, Cologix has previously completed 11 acquisitions including Canix Colo in Montreal, Telehouse Centre Canada in Toronto and Vancouver, Standard Connections in Toronto, Carrier Connex in Toronto, and COLO-D in Montreal. 9% over the previous month and a drop of 42% when compared with the last 12-month average, which stood at $11. 4 million, the latter said in a statement. Cologix, a network-neutral interconnection, ecosystem and hyperscale edge data center company, today announced the appointment of Ken desGarennes to the Cologix Board of Directors, effective DENVER, CO — Cologix has acquired Montreal-based infrastructure provider Metro Optic and its data center facilities in Montréal, QC and Toronto, ON. Stonepeak Infrastructure Partners has entered a binding agreement to acquire a control stake in Xplornet Communications Inc. Cologix now offers more than 60,000 total square feet of data center space in the 511 building, Minneapolis' carrier hotel and the most connected building in Minnesota. Financial terms were not disclosed. Comm-Works says the NAP acquisition will strengthen the organization with a second 24/7 network operations center (NOC) based in Ft. Patriot Media CEO Jim Holanda (Image credit: Patriot Media). The acquisition adds to a portfolio that includes assets from energy to transportation. Prior to Stonepeak, he was a Principal at BC Partners, focusing on investments in the industrials and telecommunications sectors. (NYSE: ZAYO). 8 billion. 7, 2020 /PRNewswire/ -- Cologix, a network-neutral interconnection, ecosystem and hyperscale edge data center company, today announced the appointment of Ken desGarennes to the Cologix, Inc. Cologix welcomes Page Shaper Haun as its new Chief Marketing Officer. 25 billion at the time of the deal, operates 24 data centres in the US and Canada. He also has investing and transaction experience across a broad range of sectors while at Advent International and J. J. Mr. Stonepeak Facilities revealed the production of Digital Edge to invest $1 billion in digital facilities throughout the Asia-Pacific area. 1) On 3/20/17, Fund II committed $828 million to the acquisition of Cologix, which was later reduced to $588million following an LP co-investment sell-down process completed on 5/19/17. , Canada’s largest rural-focused broadband service provider, and Stonepeak Infrastructure Partners, today announced that Stonepeak has entered into a binding agreement with Xplornet and its shareholders, through which Stonepeak has agreed to acquire a controlling stake in Xplornet. Canadian counsel to Stonepeak Infrastructure Partners in connection with its acquisition of Xplornet Communications Inc. Previously Neil was Chairman of SummitIG and a board member of Cologix, stepping down from both following successful transactions and ownership changes. and Canada A SPAC is an investment vehicle that goes public and raises capital from investors for the purpose of acquiring a private company. 120 MW expansion of Itasca substation is expected by Mid 2018 with additional 120 MW in 2019/2020 will help spur several new developments in Suburban Chicago. Hyperscale centres are the super storage centres built to respond to the increasing computing, networking and memory demands that are crucial to cloud services. August WOODSTOCK, NB – Xplornet Communications Inc. 8bn joint acquisition of German internet business Deutsche Glasfaser and subsequent combination with inexio; the joint acquisition of French fibre infrastructure operator SFR FTTH for E1. de’s founder and CEO, among other selling shareholders. We advised Sentinal on their sale to CyrusOne. A representative for Stonepeak declined to comment on the Austin office. While the price of the deal was not released, Stonepeak provided an additional $500 million of growth capital. Xplornet says Stonepeak is committed to supporting its existing rural broadband-focused business plan, with the acquisition enabling the company to accelerate investment in its national hybrid Stonepeak is the majority owner of Cologix, a leading carrier-neutral data center platform in North America, which recently announced the acquisition of vXchnge’s 16,000 square foot data center in Minneapolis, Minnesota. Carlyle Group LP has completed its acquisition of packaged-ice producer Arctic Glacier Group Holdings Inc. Morgan. 9 million and $101. 35B sale of Cologix to Stonepeak; $490M sale of Sentinel to Cyrus One; Sale of Vantage to Digital Bridge for $1. Earlier this month, S&P Global Ratings valued the transaction at Valenti has advised on a number of notable transactions, including, among others: the sale of Datapipe to Rackspace; the sale of KIO Networks’ fibre assets to American Tower; the acquisition of Vodafone’s 45% stake in Verizon Wireless by Verizon; the sale of Cologix to Stonepeak Infrastructure Partners; the sale of Telx to Digital Realty Stonepeak, who also owns Vertical Bridge (wireless infrastructure) and Extenet (in-building and small cell infrastructure provider) is a very large infrastructure fund with top-tier management. Represented Stonepeak Infrastructure Partners in connection with acquisition of Cologix, Inc. KGaA at the forefront. Cette acquisition intègre A list of completed decisions and/or notifications of investments by non-Canadians in Canada is published each month and you may select the month you wish to view. Known as the gateway to In addition to Stonepeak, Equinix and GIC in April announced their own $1 billion joint venture to build hyperscale centres across the region. 21, 2020/PRNewswire/ -- Cologix, a network-neutral interconnection, ecosystem and hyperscale edge data center company, today announced it signed a definitive agreement to purchase vXchnge's 16,000 square foot data center in Minneapolis, Minnesota. Federal Register 2. New customers will be able to accelerate their digital transformations with access to Cologix's robust ecosystem and low latency cloud onramps to AWS via Amazon Web Cologix, valued at around $1. 4 Per analyst LQA estimates, based on acquisition multiple. Acquisition by Stonepeak Infrastructure Partners Cologix was itself acquired by private equity firm Stonepeak Infrastructure Partners in 2017. Cologix, which was acquired last year by private equity firm Stonepeak Infrastructure Partners, has data centers in Montreal, New Jersey, Toronto, Minneapolis, Vancouver, Dallas, Jacksonville and Stonepeak will remain Cologix's majority shareholder, a position it has held for about two and a half years now following a $500M investment of its own. 308 BN 17. You can filter them based on skills, years of employment, job, education, department, and prior employment. Cologix was impressed with COLO-D’s data center design, which is optimized for rapid deployment of large Stonepeak Infrastructure Partners, a North American private equity firm, has announced the formation of an independent data centre platform operating under the name Digital Edge. Cologix also owns the iconic Infomart building in Dallas. WOODSTOCK, NB, Feb. Stonepeak says it is investing $500 million to accelerate the growth of the Cologix platform, which is focused on second-tier cities and includes a Executive Q&A: Astound Broadband CEO on recent acquisition by Stonepeak. I. 3B; Sale of Telx to Digital Realty for $1. Stonepeak is the majority owner of Cologix, a leading carrier-neutral data center platform in North America, with 30 prime interconnection hubs and four hyperscale facilities, and euNetworks, delivering high bandwidth connectivity in Europe, with deep fiber networks in 17 cities and a long-haul network spanning 15 countries. Interestingly, its offshore investments include Cologix which operates 24 network-neutral, interconnection-focused data centres in eight markets across the US and Canada. Current Chairman of the Board Steve Weed, and his fund WaveDivision Capital, will remain material investors in the business. Their Sept 23 rd announcement resonated across the data center industry: $500 million to expand, and Stonepeak would not lose their ownership stake in Cologix. For example, Stonepeak Infrastructure Partners of New York acquired Denver-based Cologix Inc. Cologix, fournisseur de solutions réseau et d'interconnexions ainsi que de centres de données infonuagiques neutres, a annoncé aujourd'hui l'acquisition de COLO-D. was formed by Stonepeak Infrastructure Partners to facilitate its acquisition of Cologix, Inc. S. This is the ninth acquisition for Cologix, adding scale to its rapidly growing network neutral North American data center platform. Comparing deals value in different regions of the globe, North America held the top position Stonepeak Takes Driver’s Seat at euNetworks by Telecom Ramblings on 11/6/2017 Tags: euNetworks, Interoute, Europe, Columbia, Green, USA, Missouri, Merger, Networking, Construction HostDime Announces Colombian Data Center Plans by Web Host Industry Review on 10/24/2017 Tags: Colombia , Missouri , Latin America , Columbia , Brazil , USA , Cloud Search, browse and learn about the Federal Register. Stonepeak has acquired 10 companies and its latest acquisition was Grande Communications Networks, LLC in Nov 2020. Meet us at booth #4925 in the Ernest N. The partnership will see the two investment companies collaborate to support Cologix’s ambitious growth strategy. G. Since its founding just four years ago, Cologix has grown to 20 data centers across eight markets interconnecting some 350 networks. DENVER and NEW YORK, Feb. G. Financial terms were not disclosed. Current Chairman of the Board Steve Weed, and Stonepeak is the majority owner of Cologix, a leading carrier-neutral data center platform in North America. Over the past 20 years, Bill has held a variety of executive leadership positions in the global communications sector across data centers, cloud services and software. Cologix Canada separately has a C$106. Data center developer Cologix makes big land purchase in Ashburn. The transaction includes data center facilities in Montreal and Toronto. With 24 strategically-located facilities in 8 markets, Cologix provides network-neutral, reliable and secure data storage and connectivity to over 1,600 network, cloud, financial, media and enterprise customers. Earlier this month, S&P Global Ratings valued the transaction at Having grown considerably through acquisition, Cologix now has the capital to add several more markets to its footprint. Operator of large data centers intended for network-neutral interconnection and colocation services. Biography. Cologix has grown into a market leader in the North American data center and interconnection landscape. The blending of wireless and data center infrastructure was also seen in AT&T’s plan to build an edge computing network by adding capabilities to its tower and small cell sites. Stonepeak, founded in 2011 and headquartered in New York, currently Cologix purchased Colo5's facilities in Jacksonville and Lakeland for an undisclosed sum. Stonepeak is the majority owner of Cologix, a leading carrier-neutral data center platform in North America, with 30 prime interconnection hubs and four hyperscale facilities, and euNetworks, delivering high bandwidth connectivity in Europe, with deep Valenti has advised on a number of notable transactions, including, among others: the sale of Datapipe to Rackspace; the sale of KIO Networks’ fiber assets to American Tower; the acquisition of Vodafone’s 45% stake in Verizon Wireless by Verizon; the sale of Cologix to Stonepeak Infrastructure Partners; the sale of Telx to Digital Realty Stonepeak, KKR, and I Squared, along with Blackstone Groups, teamed up in an attempt acquire Zayo Holdings, which instead sold to two investors for $8. The company provides prime interconnection hubs and 5 hyperscale capacity facilities across 10 strategic North American markets and offers managed services, cloud, media, content and financial services, thereby, providing businesses with critical Digital Edge and Stonepeak Infrastructure Partners Announce Formation of a Diversified Asia Pacific Data Center Platform, With a $1 Billion Capital Commitment. Capital. Cologix Adds Ken desGarennes as New Board Member. Primary yields on B3/B deals in the last three years have averaged 5. Stonepeak has been an active investor in digital infrastructure, with multiple investments across the data center, fiber and wireless space. Founded in 2011 and headquartered in New York, Stonepeak manages over $18 billion of capital for its investors, according to the firm’s website. 2, 2017 – (PRNewswire) Cologix, a network neutral interconnection and data center company, and Stonepeak Infrastructure Partners announced today the signing of a definitive merger agreement, through which Stonepeak will acquire a majority interest in the company. 1 billion, Jim Holanda, CEO of Patriot Media, the company that will manage the assets for its new private equity owners, said that future growth will be fueled by a mixture of organic opportunities and possibly new deals. The proceeds from the secured credit facilities will be used to refinance existing debt and to fund a portion of the acquisition of Cologix by Stonepeak Infrastructure Partners ("Stonepeak"). “Traditionally, we focused on network needs. NEW YORK--(BUSINESS WIRE)--Stonepeak Infrastructure Partners announced today the successful close of the previously announced transaction to acquire a majority interest in Cologix, a network neutral interconnection and data center company. in its acquisition of Capital Power Group, a provider of data center solutions, including design, construction management, commissioning and operations. The definition increasingly embraces the businesses that enable infrastructure roll-out. Data center company Cologix’s PE owner Stonepeak Infrastructure Partners engineered a partnership with Abu Dhabi-based Abudala Investment Company for the latter to invest up to $500 million into the company. Stonepeak's other investments include EuNetworks, data centre operator Cologix, wireless networks specialist Extenet Systems and several companies active in infrastructure for the oil and gas Private equity investors Stonepeak Partners and D1 Capital Partners, along with other backers, have acquired a stake worth $700M in Lineage Logistics, a global refrigerated storage company. Cologix Inc. 9B; Sale Databank to Digital Bridge for $320M; Sale of Latisys to Zayo for $670M; Sale Stonepeak's investment portfolio includes Cologix, a division that Altice USA obtained from its June 2016 acquisition of Cablevision Systems. 5 million secured term loan due 2026 that sits at Stonepeak TopCo and is structurally subordinated to the syndicated loans. The Firm’s most common investment types include secondary buyout (39%) and stake purchase (31%). September 01, 2020. , Canada's largest rural-focused broadband service provider, and on its acquisition of Cologix Inc. Before Virtustream, Lisa was head of Marketing for Adjoined Consulting, a US-based management consulting, technology and outsourcing firm, through its acquisition by Kanbay in 2006. Digital Edge and Stonepeak Infrastructure Partners Announce Formation of a Diversified Asia Pacific Data Center Platform, With a $1 Billion Capital Commitment. It offers colocation, interconnection, cloud connect, continuity, and support solutions. To see older entries of the various items, use the page navigator in the bottom of the respective box. Mubadala’s investment builds on deep expertise in data center and technology sectors in a high growth market. Bain Capital has actually taken Chindata Group Holdings public through a $540 million IPO on the NASDAQ. 7 M sf in the – Earlier this year, Stonepeak acquired Xplornet Communications, a provider of broadband connectivity in rural Canada. Cologix has acquired in 2 different US states, and 2 countries. Bain Capital has taken Chindata Group Holdings public through a $540 million IPO on the NASDAQ. Cologix Stonepeak Partners Portfolio Various $1. Angle: Structure Research has known about the Digital Edge platform coming together for some time. He currently sits on the Board of two platform investments, Cologix and euNetworks. “This acquisition allows us to maximize the value and efficiency of our Montreal footprint Stonepeak Infrastructure’s acquisitions of Xplornet Communications, Cologix and euNetworks EQT Infrastructure’s acquisitions of Lumos Networks and Spirit Communications IO Data Centers ’ $1. Stonepeak is the majority owner of Cologix, a leading carrier-neutral data center platform in North America, with 30 prime interconnection hubs and four hyperscale facilities, and euNetworks, delivering high bandwidth connectivity in Europe, with deep fiber networks in 17 cities and a long-haul network spanning 15 countries. 8bn; and the E1bn acquisition of French high speed infrastructure operator Covage. With access to ample funding in the private markets, companies no longer need to pursue the IPO route to raise funds for continued growth. More recently, we advised Peak10 on their acquisition of ViaWest and moving a little bit beyond the pure data center side of things, we advised DataByte on the transaction they’ve announced but haven’t closed yet with RackSpace. Myers, FL, and add some new Fortune 500 customers, establishing Comm-Works as a player in the increasingly competitive managed services space. Mr. is a leading provider of colocation and interconnection services in the U. Columbia Capital and Greenspring Associates in the sale of data center operator Cologix to Stonepeak Infrastructure Partners. Valenti is a leading telecommunications investment banker with more than 20 years of experience across various products and subsectors. The transaction will provide Cologix increased access to capital for its growth plans and Stonepeak a marquee Stepping down is Cologix founder Grant van Rooyen, who also served as the company’s president since it was launched in 2010. Chris has over 20 years’ experience in the telecoms industry. 8M) Data center colocation services and Slow down in leasing activity in Chicago in 2016 partly due to lack of inventory much of the year. 3 billion in February 2017, giving the self-described conservative private equity fund entrée With the ink barely dry on TPG’s sale of its Astound Broadband assets to Stonepeak Infrastructure Partners for $8. Mubadala’s investment is in partnership with Stonepeak Infrastructure Partners, which will remain the majority shareholder in Cologix. DENVER, Aug. . Stonepeak is the majority owner of Cologix, a leading carrier-neutral data center platform in North America, with 30 prime interconnection hubs and four hyperscale facilities, and euNetworks In the last 3 years, Stonepeak Infrastructure Partners has acquired 4 companies. The purchase of data center company Cologix by private equity firm Stonepeak Infrastructure Partners for US$1. Stonepeak reached financial close on its USD 1. The Company’s most targeted sectors include information technology (75%) and internet software and services (25%). It is also a majority owner of euNetworks, which owns deep fiber networks in European 17 cities and a long-haul network spanning 15 countries across the continent. Stonepeak Infrastructure Partners recently bought a majority stake in the company, committing some $500M to future expansion projects. 3bn purchase of a majority stake in Cologix in March 2017. Cologix is a recognised industry leader with a strong portfolio of clients that underpin its ability to scale growth exponentially. S. Initially, the rating is assigned to Stonepeak Claremont Merger Sub, Inc. Grande is a communications firm that offers cable television, broadband internet and telephone residential and business services in Texas. P. They expect to close the transaction Under the terms of the agreement with Mubadala, Stonepeak will remain majority shareholder in Cologix, and the two investment firms will work together to assist Cologix as it pursues further growth. Read more Canada’s largest rural-focused broadband service provider Xplornet has today announced the completion of its sale to Stonepeak Infrastructure Partners. The Transaction represents a value of approximately 1,145. Acquisition of Cologix. Stonepeak Infrastructure Partners PE-backed Cologix acquires Metro Optic Denver, Colorado-based Cologix, a data center and interconnection solutions provider, has acquired Montreal-based infrastructure provider Metro Optic. Metro Optic provides data interconnection, colocation and dark fiber communication solutions for residential and commercial clients. In addition to adding data center capacity, the acquisition also strengthens Cologix’s ability to support its wholesale, carrier and Hyperscale customers by providing diverse, high strand count dark fiber between their data center […] For deals including the E2. from Columbia Capital, LLC, Greenspring Associates, Inc. 41bn were announced globally, according to GlobalData’s deals database. Joseph Valenti is a Managing Director and serves as Head of PJ SOLOMON’s Telecommunications Group. Terms of the deal, announced last November, were not That’s where the COLO-D acquisition comes in. He currently sits on the Board of two platform investments, Cologix and euNetworks. Cologix is backed by Stonepeak Infrastructure Partners. SINGAPORE & NEW YORK. Drawing on the market-leading capabilities of banking, capital markets, M&A and restructuring lawyers dispersed throughout the firm’s Houston, New York and Washington DC offices, Simpson Thacher & Bartlett LLP is a prominent presence in many high-profile and high-value financings, investments, acquisitions and disposals in the oil and gas sector. It recently recapitalized with Stonepeak Infrastructure Partners who committed an additional Cologix has appointed Ken desGarennes to the Cologix Board of Directors, effective August 10, 2020. Converge! Network Digest provides comprehensive, insightful coverage of the convergence of networking technologies. 5 million term loan due 2026. 2, 2017 /PRNewswire/ -- Cologix, a network neutral interconnection and data center company, and Stonepeak Infrastructure Partners announced today the signing of a Paul, Weiss is representing Cologix, a network neutral interconnection and data center company, in its acquisition by Stonepeak Infrastructure Partners. Cologix sold to Stonepeak Infrastructure Partners, Databank sold to Digital Bridge, C7 sold to Databank Dec17q Annualized aEBITDA by Segment Carlyle Group LP has completed its acquisition of packaged-ice producer Arctic Glacier Group Holdings Inc. (2018) As one of the few pioneers in digital infrastructure investment, our team has more than two decades of dedicated experience across the entire Digital Infrastructure landscape and a record of value creation. 5 MW Alpharetta, GA $30 MM Digital Bridge HoldingsVantage Data Centers Portfolio Various $1. Its current surge of building and acquisition is partially funded by a $500 million investment from Abu Dhabi’s Mubadala Investment Company, in partnership with Stonepeak Infrastructure Partners. This acquisition will strengthen the Cologix Platform with more space, power and connectivity in the region, while cementing Cologix's market position as the interconnection leader. Cologix has historically featured data centers in the 2 MW to 10 MW range, while COLO-D is a hyperscale specialist, building 20 to 35 megawatt facilities for cloud computing customers. Mr. Mubadala Investment Company, the sovereign wealth fund of the UAE familiar to satellite industry executives, will invest US$500m to work with majority shareholder Stonepeak Infrastructure Partners and support an ambitious growth strategy for Cologix, a colocation and interconnection firm in North America. With the acquisition of Net Access in 2015, COLO-D in Q4 2018, and Metro Optic in Q1 2019, Cologix substantially increased the company's geographical footprint and pool of resources. Inclusive of additional growth capital, Fund II’s total commitment to Cologix is expected to be $773 million. It is also a majority owner of euNetworks , which owns deep fiber networks in European 17 cities and a long-haul network spanning 15 countries across the continent. Cologix has acquired 5 companies and its latest acquisition was Metro Optic, Inc. 25 Aug 2020. Stonepeak Infrastructure Partners, a firm founded by former Blackstone Group LP dealmakers, is receiving a $350 million preferred equity investment from Landmark Partners in part to diversify its Network-neutral interconnection, ecosystem and hyperscale edge data center company, Cologix, has appointed Ken desGarennes to the Cologix Board of Directors, effective August 10, 2020. Stonepeak and TPG are billing the deal as the largest private equity acquisitions in the US so far in 2020, and the largest cable deal in the past five years. Key contributor on the senior team (employee #5) from startup through ten acquisitions and integrations, expansion in nine North American markets and successful sale to Stonepeak Infrastructure Jim Howell is the CEO and Co-Founder of Birch Infrastructure, an independent, employee-owned developer of shovel-ready data center industrial campuses designed to capture fundamental cost advantages related to land acquisition, renewable power supply and other infrastructure and utilities. is a network neutral interconnection and data center company headquartered in Denver, Colorado that provides massively scalable interconnection services and secure, reliable colocation services in densely connected, strategically located facilities in Columbus, Dallas, Jacksonville, Lakeland, Minneapolis, Montreal, Toronto and Stonepeak is the majority owner of Cologix, a leading carrier-neutral data center platform in North America, with 30 prime interconnection hubs and four hyperscale facilities, and euNetworks Cologix is backed by Stonepeak Infrastructure Partners. The $1. Mr. de, a leading German online comparison portal for consumer loans, from Acton Capital Partners, btov Partners, Highland Europe, HarbourVest Partners and FINANZCHECK. In addition, with the continued deployment of cloud services, the data center industry is experiencing continued growth that Cologix is well placed to capitalize on. Houston Business Journal. 5 million term loan due 2026. Grant van Rooyen Stonepeak Infrastructure Partners has acquired majority control of Cologix, a network-neutral interconnection and data center company. The deal was funded by USD 495m in term loans and a USD 75m credit facility. Cologix Cologix provides network neutral interconnection and colocation services for carrier, media, financial services, and enterprise customers. The purchase of data center company Cologix by private equity firm Stonepeak Infrastructure Partners for US$1. Mubadala’s investment is in partnership with Stonepeak Infrastructure Partners, which will remain the majority shareholder in Cologix. Click here to see other tags in the same category as Cologix (Company category). and Canada. , declined to comment on Stonepeak but said the building will be substantially complete in the fall, with tenants moving in by early 2019. One of the few telecoms shareholdings are Denver-based data centre company Cologix, in which it acquired a majority stake in February 2017, also for $500 million. DENVER, Aug. The 30-day dividend yield represents the average daily dividends for the 30-day period, annualized and divided by the net asset values per share at the end of the period; it is available the first quarter after the fund's inception. 3 billion underlines this trend. --(BUSINESS WIRE)--Stonepeak Infrastructure Partners (Stonepeak), a private equity firm specializing in infrastructure investing, today announced it has entered into a definitive agreement to acquire Astound Broadband (Astound), the sixth largest U. S. upon closing. Stonepeak is the majority owner of Cologix, a leading carrier-neutral data center platform in North America, with 30 prime interconnection hubs and four hyperscale facilities, and euNetworks Stonepeak is the majority owner of Cologix, a leading carrier-neutral data center platform in North America, with 30 prime interconnection hubs and four hyperscale facilities, and euNetworks, Stonepeak Infrastructure Partners to acquire controlling stake in Canada’s Xplornet Communications n 2019, Xplornet announced that it will invest CAN$500 million over the next five years on Cologix has acquired 5 companies of its own, including 3 in the last 5 years. Cologix, a network-neutral, interconnection and hyperscale edge data center company, announced that Mubadala Investment Company, the Abu Dhabi-based global investment firm, has signed an agreement to invest up to USD$500 million in Cologix, subject to various regulatory approvals. Great Hill Partners and its data center portfolio company, Latisys, in the $675 million sale of Latisys to Zayo Group Holdings, Inc. Macquarie Infrastructure Partner s (MIP) has made a strategic investment in Aligned Energy to support the company’s growth, including expansion into new markets and supply chain innovation . The biggest question at this point is “What price?” Public valuations in the data center space have widely recovered from 2017/2018 levels, and Stonepeak is not an “at any costs” private equity firm. I expect we'll hear more about what Stonepeak is the majority owner of Cologix, a leading carrier-neutral data center platform in North America, with 30 prime interconnection hubs and four hyperscale facilities, and euNetworks Expansion adds 16,000 square feet to Cologix's interconnection footprint to support customer demand. gov] [FR Doc No: 2017-07541] ===== ----- FEDERAL TRADE COMMISSION Granting of Requests for Early Termination of the Waiting Period Under the Premerger Notification Rules Section 7A of the . This acquisition will strengthen the Cologix Platform with more space, power and connectivity in the region, while cementing Cologix's market position as the interconnection leader. The two facilites give the firm more than 225k SF of colo space in Florida, including land for expansion Mubadala Invests in Leading North American Data Center Business, Cologix 23 September 2019. Capital. 3 billion underlines this trend. 0 is the unofficial daily publication for rules, proposed rules, and notices of Federal agencies and organizations, as well as executive orders and other presidential documents. 05bn. By Jeannette E. An early example of the trend was the acquisition of Vertiv last year by GS Acquisition Holdings, a SPAC created by Goldman Sachs and veteran executive David Cote. With the transaction receiving all regulatory approvals and completing new financing for a fully capitalized business, Stonepeak now has the controlling stake in Xplornet. The partnership will see the two investment companies collaborate to support Cologix's ambitious growth strategy. Stonepeak Partners' investments largely funded the acquisition of Colo-D Inc. 3 billion worth of investments – mainly made up of companies that are in oil and gas based in the US. This is not the first time that COLO-D has been Stonepeak Infrastructure Partners is an infrastructure private equity firm. Majority-owned by Stonepeak Infrastructure Parners and Lead since earlier this year by CEO Bill Fathers , a former VMware cloud executive, it currently operates 25 data centers in nine markets, including Columbus, Dallas Stonepeak Infrastructure Partners says it has closed the acquisition of a majority interest in fiber-optic network services provider euNetworks. Represented Scout24 AG, a leading operator of digital marketplaces, in its €285 million acquisition of FINANZCHECK. desGarennes is a 10-year veteran of Zayo Group, where he led 45 acquisitions and the company’s Initial Public Offering (IPO) in 2014. Strategic deal, in partnership with Stonepeak Infrastructure Partners, will enable significant investment for growth and development. Meanwhile, Stephen Tucker has been brought in to take over the Chief Financial Officer role. (Colo-D) in December 2018. Acquiring Organization: Stonepeak Infrastructure Partners Stonepeak Infrastructure Partners invests in infrastructure assets with stable cash flows, inflation linkage, and high barriers to entry. , Canada's largest rural-focused broadband service provider, and Stonepeak Infrastructure Partners, today announced that Stonepeak has entered into a binding agreement with Xplornet and its shareholders, through which Stonepeak has agreed to acquire a controlling stake in Xplornet. from H. 82, No. ° Represented funds advised by Apax Partners in connection with acquisition of AssuredPartners, Inc. The company was founded by Grant van Rooyen in 2010 and is headquartered in Denver, CO. Morial Convention Center to Acquisition positions Xplornet to execute upon its plan to invest in its national hybrid fibre with data center company Cologix operating 17 interconnection Stonepeak invests in long-lived PRINCETON, N. Fathers currently serves as the Senior Operating Partner responsible for investments in Communications Infrastructure at Stonepeak Infrastructure Partners, a private equity firm specializing in North American middle-market infrastructure. Stonepeak Infrastructure Partners, which teamed with Digital Bridge on the ExteNet acquisition, recently acquired Cologix, a regional data center provider. These are all the companies that Stonepeak has acquired. Prior to joining VMware, Laura led a global technical support services team and mergers & acquisition team that supported over 30,000 customers for Jeppesen, a Boeing Company. Mubadala’s investment builds on deep expertise in data center and technology sectors in a high growth market. But Cologix will have more resources with which to feed its growth. The new investment is in partnership with Stonepeak Infrastructure Partners, which will remain the majority shareholder in Cologix after acquiring a majority stake in the company for a $500 million incremental investment in 2017. He joined the firm in 2019. As of December 31, 2020 and pro forma for the new credit facilities and $125 million Stonepeak TopCo contribution, Cologix will have $72 million of cash on hand and full availability under its new Stonepeak Infrastructure Partners acquired a majority stake in Cologix in March 2017 from Columbia Capital and Greenspring Associates which remains minority shareholders. • Represented Canara, Inc. 17, 2019 (GLOBE NEWSWIRE) -- PJ SOLOMON, a leading financial advisory firm, announces the appointment of Joseph Valenti as Managing Director and Head of the firm’s new US private equity firm Stonepeak Infrastructure Partners’ acquisition of a majority stake in UK-headquartered internet service provider euNetworks will be backed with a €300m leveraged loan Also, when Stone Peak bought into Cologix they stated a desire to do more Hyperscale which Cyrus has been good at, going from a zero presence in Ashburn in 2015 to 2 M sf now, and 0. Given the pedigree of the management team in building up Equinix’s APAC business, they will likely be an interesting provider to watch in the APAC region with ambitions to build a pan-APAC platform that potentially combines established markets like Japan and others from the The Morningstar Rating™ for funds, or "star rating", is calculated for funds with at least a three-year history. ° Other recent transactions in the data center market involving traditional infrastructure investors include investment in Aligned Energy by Macquarie Infrastructure Partners in April 2018 and the acquisition of Cologix by Stonepeak Infrastructure Partners in February 2017. Stonepeak Infrastructure Partners’ most common sectors for investment are communications (31%) and oil/gas exploration (24%). , a leading provider of colocation and interconnection services across the U. Federal Register/Vol. Mubadala Investment, the Abu Dhabi-based global investment firm, to invest $500m in Cologix, a network-neutral, interconnection, and hyper-scale edge data center company. Prior to Stonepeak, he was a Principal at BC Partners, focusing on investments in the industrials and telecommunications sectors. 1% for B3/B- deals. He brings more than 35 years of experience in the technology and telecommunications industry, holding Chairman, Chief Executive and Senior Executive positions. A leasing representative for Third + Shoal, Troy Holme at CBRE Group Inc. FEDERAL TRADE COMMISSION [Federal Register Volume 82, Number 71 (Friday, April 14, 2017)] [Notices] [Pages 17992-17995] From the Federal Register Online via the Government Publishing Office [www. gpo. Van Rooyen is also the president and CEO of Communications and Realty Investments, which owns data centers in Columbus, Jacksonville and New Jersey, and was also acquired by Stonepeak last year. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. Cologix completes acquisition of vXchnge data center in Minneapolis. This enterprise will focus on the acquisition and development of data centres and digital infrastructure in the fast-growing APAC region. This award recognizes the phenomenal growth of the company that was acquired by Stonepeak Infrastructure Partners (Cologix) last December. Served as financing provider to Stonepeak in its acquisition of Xplornet. 5 million secured term loan due 2026 that sits at Stonepeak TopCo and is structurally subordinated to the syndicated loans. ° Represented Pamplona Capital Management in connection with the formation of a joint venture with Northwell Health to form Formativ Health. 6x EBITDA Stonepeak is the majority owner of Cologix, a leading carrier-neutral data center platform in North America, with 30 prime interconnection hubs and four hyperscale facilities, and euNetworks, delivering high bandwidth connectivity in Europe, with deep fiber networks in 17 cities and a long-haul network spanning 15 countries. Under an agreement, Stonepeak, a private equity firm, will acquire a majority interest in the company, while the existing Cologix management team will continue to run the business. Article. Most SPACs are backed by an investment company and Represented Peak 10 and GI Partners in its pending $1. Stonepeak is the majority owner of Cologix, a leading carrier-neutral data center platform in North America, with 30 prime interconnection hubs and four hyperscale facilities, and euNetworks, delivering high bandwidth connectivity in Europe, with deep fiber networks in 17 cities and a long-haul network spanning 15 countries. 27, 2020 /CNW/ - Xplornet Communications Inc. 15%, well below average levels. Company profile page for Stonepeak Partners LP including stock price, company news, press releases, executives, board members, and contact information About Stonepeak Infrastructure Partners. provides network neutral interconnection and colocation services. Cologix, a network neutral interconnection and data center company, and Stonepeak Infrastructure Partners announced the signing of a definitive merger agreement, through which Stonepeak will acquire a majority interest in the company. 0 pence per TelecityGroup Share and a value of approximately £2,351. DENVER and NEW YORK, Feb. 1 billion It’s previously invested in Canadian data centre business, Cologix, which operates 17 interconnected facilities across Montreal, Toronto and Vancouver. Strategic deal, in partnership with Stonepeak Infrastructure Partners, will enable significant investment for growth and development. Cologix Below you will find an overview of all the research we have indexed relating to Cologix, such as news coverage, white papers, analyst reports etc. Total technology industry private equity deals in September 2019 worth $6. Laura spent eight years working at Lockheed Martin, holding a variety of technical and executive management leadership positions. Stonepeak is the majority owner of Cologix, a leading carrier-neutral data center platform in North America. desGarennes is a 10-year veteran of Zayo Group, where he led 45 acquisitions and the company’s Initial Public Offering (IPO) in 2014. 35B Sale of Infomart Datacenters to Equinix and IPI; Peak 10’s $1. Cologix’s deal is yielding only around 4. Cologix provides reliable, secure, scalable data center and interconnection solutions from 24 prime interconnection locations across 9 strategic North American edge markets. PRESS RELEASE. cable operator in the United States that operates leading regional providers RCN, Grande, Wave and enTouch. Technology industry private equity deals in September 2019 total $6. for $1. So all these different categories of models led to a proliferation of equity capital from infrastructure funds, pension funds, sovereign wealth funds, who raised a half a billion dollars a couple of years ago from Mubadala, which is a sovereign wealth fund based out of Abu Dhabi for a business here in the US called Cologix, owned by Stonepeak. With the Cologix investment, Stonepeak continued its active participation in the telecoms space. from H. Stonepeak has bought a 95 percent stake in the renewables division of Swancor, a Taiwanese chemical manufacturer and offshore wind developer, for somewhere between $25. The definition increasingly embraces the businesses that enable infrastructure roll-out. 9 million for TelecityGroup’s entire issued and to be issued share capital based on the volume-weighted average share price of $267. 0x EBITDA Chirisa Investments 365 Data Centers 126,000 sf 8 properties Zayo KO Networks 10,000 sf Various $12 MM 9. Lisa then became the Director of Marketing and Corporate Communications for Kanbay until it was acquired by Capgemini in 2007. The amount of capital available to Cologix increased in 2017 with the company’s acquisition by private equity firm Stonepeak Infrastructure Partners, in what was essentially a funding round to fuel another round of growth. Colocation provider Cologix has been acquired by private equity firm Stonepeak Infrastructure Partners in a deal highlighting investor interest in interconnection services in regional markets. Cologix is a recognised industry leader with a strong portfolio of clients that underpin its ability to scale growth exponentially. Stonepeak Infrastructure Partners List of Employees: 1992-2019 There's an exhaustive list of past and present employees! Get comprehensive information on the number of employees at Stonepeak Infrastructure Partners from 1992 to 2019. No financial terms were disclosed. He is a 10-year veteran of Zayo Group, where he led Cologix / Stonepeak Infrastructure Partners Data Foundry / Goldman Sachs Datavail / Catalyst Investors Appica / Immedion Codero / BLM Acquisition Corp Latisys / Zayo Corp (NYSE: ZAYO) This isn’t Stonepeak’s first foray into the data centre industry. The acquisition was made out of Stonepeak Infrastructure Partners II, according to Inframation Deals. 71/Friday, April 14, 2017/Notices 17991 Description: Gulf South Pipeline Company, LP submits tariff filing per 154. The terms of the transaction were not disclosed. Cologix, Inc. Garcia – Reporter, They own a data center business called Cologix and Xponent, which is a fiber Stonepeak is the majority owner of Cologix, a leading carrier-neutral data center platform in North America, with 30 prime interconnection hubs and four hyperscale facilities, and euNetworks, delivering high bandwidth connectivity in Europe, with deep fiber networks in 17 cities and a long-haul network spanning 15 countries. Sponsor Stonepeak Infrastructure Partners is contributing $125 million, including $50 million of new equity and a $75 add-on to a $171. Morgan. • Counsel to majority owners Columbia Capital and Greenspring Associates in the sale of data center operator Cologix to Stonepeak Infrastructure Partners. Stonepeak Infrastructure Partners in multiple transactions, including its acquisitions of Cologix and euNetworks Alinda Capital Partners in the sale of its oil terminal business, Houston Fuel Oil Terminal Company to SemGroup Corporation for approximately $2. Stonepeak likewise owns Cologix, a colocation and affiliation company in The United States and Canada. Agencies. Stonepeak invests in businesses comprised of hard assets with leading market positions primarily in the following sectors: Communications, Energy, Power & Renewables, Transportation, Utilities, & Water. Stonepeak bought Cologix in 2017 . I. New York-based fund manager Stonepeak Infrastructure Partners has made its first investment outside North America, acquiring one offshore wind project in Taiwan. Stonepeak Infrastructure Partners Signs Agreement To Acquire Majority Interest In Cologix Tiger Infrastructure to Acquire a Majority Interest in Hudson Fiber Network Ridgemont Equity Partners To Acquire Majority Interest in Unite Private Networks A Cologix data center facility in Jacksonville, FL. Chairman and CEO of Cologix. in Mar 2019. The acquisition solidifies Cologix’s position in Jacksonville with ownership of land and 125,000 square feet of colocation and disaster recovery space in a wholly-owned, Class 5 hurricane rated building. and then to Cologix Holdings, Inc. He is the former Chief Executive of Geo Networks which he co-founded in 2002. Stonepeak Infrastructure Partners Cologix Holdings Inc. New York, Oct. The company's CFO Brian Cox has been appointed as the new Chief Operating Officer. 9 Cologix Secures USD$500 Million of Additional Growth Capital Investment from Abu Dhabi's Mubadala Mubadala, in partnership with Stonepeak Infrastructure Partners, will enable significant Colocation provider Cologix has been acquired by private equity firm Stonepeak Infrastructure Partners in a deal highlighting investor interest in interconnection services in regional markets. NEW YORK-- (BUSINESS WIRE)--Stonepeak Infrastructure Partners announced today the successful close of the previously announced transaction to acquire a majority interest in Cologix, a network Stonepeak executed a commitment to invest up to $960 million in a series of joint ventures (“JV Co”) with Targa. stonepeakpartners. Stonepeak represents around $11. The company is a majority stakeholder in leading data centre services provider Cologix, and earlier this year acquired Xplornet Communications, which provides broadband connectivity in rural Canada. “We advised Cologix on their sale to Stonepeak. 7B acquisition of Viawest; $1. Meet the Landways Team Management Chris Smedley Chris is the Chief Executive and co-founder of Landways. Mubadala's investment is in partnership with Stonepeak Infrastructure Partners, which will remain the majority shareholder in Cologix. DENVER, Aug. Lundi 20 avril 2020 à 11h03 Cette acquisition permettra à Xplornet de mettre à exécution son plan d’investissement dans son réseau national à large bande hybride à fibre optique, sans fil et satellite, afin d’offrir un meilleur service aux Canadiens vivant en milieu rural. Jim Howell is the CEO and Co-Founder of Birch Infrastructure, an independent, employee-owned developer of shovel-ready data center industrial campuses designed to capture fundamental cost advantages related to land acquisition, renewable power supply and other infrastructure and utilities. August 2019 Served as financial advisor to majority equity holder in its recapitalization with a leading global infrastructure investor. com) is an infrastructure-focused private equity firm headquartered in New York that manages $17. A total of 2 acquisitions came from private equity firms. Stonepeak Infrastructure Partners purchases Cologix, Inc. stonepeak cologix acquisition