Carrier Connect Acquires Rochester Colo, Expanding U.S. Data Center Presence
Carrier Connect Data Solutions Inc. has acquired Rochester Colo LLC, marking its first U.S. data center deal. This acquisition is projected to enhance Carrier's revenue by approximately 15% to 17%.
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Carrier Connect Data Solutions Inc. has entered into an asset purchase agreement to acquire the principal business assets of Rochester Colo LLC, expected to close on August 15. The Rochester facility, located in Pittsford, generates about 885,000 CAD in annual recurring revenue and has over 60% of its capacity available for new customers, enabling Carrier to expand its U.S. operations.
The total payment includes $250,000 in cash and 800,000 common shares, which will be released in tranches over two years. Carrier's acquisition strategy targets Tier II and III data centers, emphasizing facilities that offer growth potential.
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