A St. Louis-based firm plans to buy fast-growing Omaha data center services company Cosentry.
TierPoint, which itself provides data center services similar to Cosentry’s, plans to absorb the Omaha company and its nine data centers once the deal closes in March. Terms of the acquisition were not disclosed.
TierPoint Chairman and Chief Executive Jerry Kent said the planned acquisition gives his company a “significant, strategic advantage in key Midwest markets” including Omaha; the Kansas City area; Sioux Falls, South Dakota; and St. Louis. Cosentry operates two data centers in each of these cities. The company also has a data center in Milwaukee, where an expansion project is expected to be complete in March.
“TierPoint can offer our customers an even more robust portfolio of cloud and managed services than we currently have available,” said Cosentry Chief Executive Brad Hokamp.
Hokamp also said that TierPoint’s larger footprint of 19 data centers in as many markets will expand services for customers to states including Arkansas, Connecticut, Florida, Illinois, Texas and Washington.
Cosentry had a multiyear run being named to Inc. magazine’s list of the 5,000 fastest-growing companies in the U.S. According to its most recent appearance on that list, the company had $34.4 million of revenue and 169 employees as of 2013.
Contact the writer: