365 Data Centers, a provider of colocation and hybrid data center solutions operating ten geographically diverse U.S. data centers for carrier, content, and cloud customers, has acquired Broadband One LLC, d/b/a Host.net, a data center services provider in two southeast Florida markets.
The acquired data centers are in Boca Raton and Fort Lauderdale with approximately 62,000 square feet of floor space, 8,000 square feet of business continuity space, 4.5 MW of power, and 330 miles of fiber providing direct and low-latency connectivity to the NAP of the Americas in Miami.
In addition, Host.net maintains more than 30 network PoPs on an owned nationwide transit network with 330 peering partners. When added to 365’s connectivity rich data center in Tampa, the company would now provide customers with expanded edge data center options across the Sunshine State.
Bob DeSantis, Chief Executive Officer of 365 Data Centers, stated, “This follow-on acquisition, within just 6 months of purchasing the 365 Data Centers platform, provides significant financial scale for 365 and accelerates our strategy of broadening the Company’s customer and services base with more than 500 enterprise customers and a portfolio of scalable, retail and wholesale Network, IP blend, remote Disaster Recovery as a Service, virtual Cloud compute and storage, and Business Continuity product offerings.”
Host.net was sold to 365 Data Centers by Novacap, one of Canada’s leading private equity firms. “It has been a real pleasure partnering with Jason and his team and we are happy to see the exciting possibilities that Host.net will have as part of 365 Data Center,” said Ted Mocarski, Senior Partner at Novacap. “The eight additional markets provide geographic diversity that is of great strategic and operational value to existing Host.net customers.” The Bank Street Group served as 365’s financing advisor and Greenberg Traurig as its legal counsel for this transaction. Crestline Specialty Lending provided the credit facility.
Data Centers U.S.
Jason Katz, Host.net’s CEO, will join 365 Data Centers as Vice President & Chief Administrative Officer reporting to Mr. DeSantis. In this role, he will continue as the company’s point of contact for customers, vendors, and other relationship partners in the Boca Raton and Fort Lauderdale markets. He will also partner in the rollout of network, IP, DRaaS, and cloud service offerings and oversee the integration of all administrative functions.
365 Data Centers’ footprint now covers ten markets with colocation data centers in Boca Raton, Buffalo, Chicago, Detroit, Fort Lauderdale, Indianapolis, Nashville, Philadelphia, New York, and Tampa with a combined 195,000 square feet and 13 MW of power in place to serve customers. 365’s data centers are SSAE 16, SOC 2, PCI, HIPPA, ISAE 3402, and VISA compliant.