Peak 10, backed by private equity firm GI Partners, has purchased data center owner ViaWest for approximately $1.68 billion. The deal comes amid rising interest for data centers and prime real estate used in IT infrastructure services.
ViaWest is an information technology service provider offering colocation, IT consulting, cloud storage and managed service capabilities. The Greenwood Village, Colorado-based target, which assures security and compliance, operates enterprise data centers in Colorado, Utah, Oregon, Nevada, Texas, Minnesota, Arizona and Calgary, Canada. ViaWest was owned by Shaw Communications Inc. (NYSE: SJR) prior to the deal with Peak 10 and GI Partners.