Cologix to Acquire Colo5 in Florida

Cologix will acquire Colo5, a colocation and disaster recovery provider with over 225,000 gross square feet across two enterprise-grade hurricane-resistant facilities in Jacksonville and Lakeland, Florida.

This is the ninth acquisition for Cologix, adding scale to its network neutral North American data center platform.

Jacksonville is gaining importance globally with the multiple sub-sea cables landing there directly from Central and South America. In addition,  Lakeland’s elevation and proximity to major market centers make it a natural location for primary or secondary IT sites for enterprises in Tampa, Orlando and Miami. Colo5’s success in Lakeland and available capacity accelerates Cologix’s plans to expand in Florida by 18 months.

“Colo5 has built a highly robust and credible set of data center operations, validated by its impressive list of growing customers,” said Grant van Rooyen, president and CEO at Cologix. “Part of what makes this combination so attractive, is the fact that the Colo5 executive team is joining the Cologix team to help steward our continued growth and investment in Florida. Together with Doug Recker and his team, we look forward to presenting the respective benefits of this combination to our combined customers.”

“Joining the Cologix platform provides our customers key benefits that we could not have delivered as a standalone company,” added Doug Recker, CEO Colo5. “Customers will gain three key advantages: 1) unique access to the market-leading carrier density at Cologix’s Meet-Me-Room in Jacksonville’s primary carrier hotel, 2) certainty of accelerated capital investment and 3) seamless access to a platform of state-of-the-art data centers throughout North America. The Colo5 team is excited about joining Cologix to create a new chapter of growth supporting the business community in Central and North Florida.”

 

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