Cosentry, a provider of Midwest data center services, has acquired XIOLINK, a the largest managed hosting providers and colocation in St. Louis, Missouri. The acquisition provides Cosentry with the presence of the data center in the region of Saint-Louis, and a set of more robust infrastructure hosting capabilities and managed managed services.
The company will now operate in four markets in the Midwest with eight data centers , including Omaha, Kansas City, St. Louis and Sioux Falls . The scope of services now include public and private cloud hosting capabilities, colocation, managed hosting solutions, extensive managed services, disaster recovery and help desk outsourcing.
"We were attracted by XIOLINK because St. Louis is a critical market extension for our company, and they are the recognized leader in providing data center, managed hosting and managed services in the region St. Louis, "said Brad Hokamp, CEO Cosentry ." in addition, the combination of our capabilities with those of XIOLINK allows us to provide a more comprehensive suite of IT infrastructure solutions to meet the needs of our customers. "
Integration XIOLINK
Cosentry continue to operate and develop colocation facilities XIOLINK and the core managed operations hosting and managed services in St. Louis. the two co-founders of XIOLINK Brad Pittenger and Mike Palmer, will continue working for Cosentry through the successful integration of companies. After integration Mike Palmer will join the Board of Directors Cosentry, help the overall business strategy company.
Financial details of the acquisition were not disclosed. DH Capital provided investment advisory services to XIOLINK the acquisition. DH Capital is a banking private equity firm serving companies in Internet infrastructure, communications and SaaS sectors.
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