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Transactions - OCTOBER 6, 2020

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Stonecourt Capital buys 365 Data Centers

by Kali Persall

Stonecourt Capital has acquired the company 365 Data Centers for an undisclosed amount.

365 Data Centers, which currently operates 230,000 square feet of data center space and 22 megawatts of available power, has developed into one of the largest privately owned data center solutions providers, according to a statement from Stonecourt.

Bob DeSantis will continue to lead the company as CEO, a board member and an investor.

DeSantis led the transformation of the company from a strictly colocation business, operating eight data centers with an aggregate of 125,000 square feet and 9 megawatts of available power, into a network-centric, full-service, hybrid data solutions provider. Since inception in 2017, 365 Data Centers has acquired, financed and fully integrated four complementary businesses.

“We are very impressed by the portfolio of data center and fiber assets that Bob and the 365 team have successfully integrated,” said Lance Hirt, managing partner

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