Stonecourt Capital acquires 365 Data Centers and original investors Lumerity Capital and Longboat Advisors have reinvested into the new partnership. Hybrid data center solutions provider, 365 Data Centers became one of the largest privately-owned data center solutions providers offering a comprehensive set of services to over 650 customers.
230,000 square feet data center space
The company currently operates 230,000 square feet of data center space and 22 MW of available power, along with a fully redundant 100G network interconnecting its 12 data centers, 21 other points of presence, and over 400 peering partners. The company also stated that Bob DeSantis will continue to lead the Company as CEO, a Board member, and investor. Bob DeSantis, Chief Executive Officer, 365 Data Centers said,
“We are pleased to welcome Stonecourt as a partner in 365 Data Centers. Stonecourt has a proven reputation of supporting growth businesses with financial and strategic resources, and we are excited to partner with them to foster the next phase of the Company’s expansion. The 365 team will remain fully intact, and this partnership will enhance our ability to execute on our organic and acquisition growth strategies. On behalf of the entire 365 team, I want to thank our outgoing investors, Chirisa Investments and Turning Rock Partners, and our outgoing Board members Colm Piercy and Maggie Arvedlund, who have supported the Company and me since the beginning.”