Avista Capital’s DataBank buys Arsalon Technologies

DataBank, a portfolio company of Avista Capital Partners, has acquired Arsalon Technologies. No financial terms were disclosed. Based in Lenexa, Kansas, Arsalon Technologies is a managed services and colocation provider.

PRESS RELEASE

Dallas, TX (PRWEB) April 30, 2014
DataBank, a leading data center and colocation services provider based in Dallas, announced today the company’s acquisition of Arsalon Technologies, a managed services and colocation provider based in the Kansas City suburb of Lenexa, Kansas. The acquisition provides DataBank with a super-regional footprint spanning three major central US markets following DataBank’s acquisition of Minneapolis colocation operator VeriSpace in March 2013. Arsalon adds two additional data center facilities, over 30 employees and a broad set of robust cloud and managed services to DataBank’s business portfolio.
Timothy Moore, CEO of DataBank, commented, “Arsalon has a strong reputation as one of the leading managed services and cloud providers in the region. This transaction allows DataBank to enter a new geographic market as well expand the number of outsourced IT services we can provide to our customers.”
Brendan Scollans, Partner of Avista Capital Partners, which is the private equity sponsor of DataBank, added, “We are excited about gaining scale, adding a third market and broadening DataBank’s managed services product set. Avista looks forward to supporting DataBank in its future organic and acquisition-related growth.”
“DataBank is the perfect fit for Arsalon,” said Gary Hall, CEO of Arsalon. “The synergies between the two companies were immediately apparent, and we are pleased to offer new markets and services to our existing client base.” Bryan Porter, Arsalon’s President, added, “The combination of DataBank and Arsalon is exciting for the customers of Arsalon, adding a new layer of flexibility, accelerating our growth and allowing Arsalon to expand our product offerings.”
Following the acquisition of Arsalon, DataBank now operates approximately 200,000 square feet of data center space in the Dallas, Kansas City and Minneapolis markets as well as provides a full suite of cloud, storage, hosting and other managed services. For additional information on DataBank’s locations and services, please visit http://www.databank.com.
About DataBank
DataBank is a leading provider of enterprise-class data center services which are aimed at providing customers with 100% uptime availability of data, applications and infrastructure. DataBank’s managed data center services are anchored in world-class facilities with highly available and robust Internet access. Our customized technology solutions are designed to help customers effectively manage risk, improve their technology performance and allow them to focus on their core business objectives. DataBank is headquartered in the historic former Federal Reserve Bank Building, in downtown Dallas, TX. For additional information on DataBank locations and services, please visit http://www.databank.com or call 1(800) 840-7533.
About Arsalon Technologies
Arsalon Technologies, LLC (http://www.arsalon.net) is the region’s enterprise class hosting company with a mission to provide clients with leading edge network infrastructure and scalable data center solutions. Arsalon serves small to large businesses by delivering secure and reliable cloud solutions, managed and dedicated hosting services and colocation. Arsalon Technologies is a privately owned company headquartered in Lenexa, Kansas.
About Avista Capital Partners
Avista Capital Partners is a leading private equity firm with approximately $6 billion under management and offices in New York, Houston and London. Founded in 2005, Avista makes controlling or influential minority investments in growth-oriented energy, healthcare, communications & media, industrials, and consumer businesses. Through its team of seasoned investment professionals and industry experts, Avista seeks to partner with exceptional management teams to invest in and add value to well-positioned businesses.

 

Related Posts

Leave a Reply

PEHUB Community

Join the 12501 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

Psst! Got any hot tips?

  • This field is for validation purposes and should be left unchanged.

PE HUB News Briefs

RSS Feed Widget

Marketplace

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget