Investors Take Over 365 Data Centers, What’s Next?

The investors are Dublin, Ireland-based Chirisa Investments and Connecticut-based Lumerity Capital. In the announcement, they’ve indicated that this is just the start, and that more acquisitions are in store.

The market continues to consolidate, and the new owners are likely to be on the look-out for more roll-up opportunities, similar to the ones pursued by another recently emerged consolidator, Digital Bridge, which since last year has acquired DataBank, C7 Data Centers, and Vantage Data Centers, as well as two 365 facilities in Cleveland and Pittsburgh.

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