DIF Capital Partners has agreed to acquire Tonaquint Data Centers, a data center provider headquartered in Utah. Tonaquint’s management continues to hold a minority stake, following the transaction.
Tonaquint is a colocation and cloud service provider with operations in St. George, Utah, and Boise, Idaho. The company provides data center services to more than 250 customers across its two facilities and provides a robust product suite including colocation, cloud services (including secure and compliant hosting for infrastructure), disaster recovery and backup as a service, as well as ancillary network and managed services.
Tonaquint is mainly focusing on high-growth smaller markets, which are not as well serviced by other major data center operators. It serves a well-diversified and growing client base in the technology, healthcare, financial services and industrial sectors.
The acquisition will enable Tonaquint to continue its growth, enhancing its existing fa
