DataBank Acquires Arsalon, Expands To Kansas
Acquisition adds two data centers in Kansas - DataBank's third US market
May 1, 2014
DataBank has acquired managed services and colocation provider Arsalon Technologies. The deal gives DataBank two data centers in Lenexa, Kan., (a Kansas City suburb) where Arsalon is also headquartered, as well as 30 employees with knowledge of cloud and managed services.
"Arsalon has a strong reputation as one of the leading managed services and cloud providers in the region," Timothy Moore, CEO of DataBank, said. "This transaction allows DataBank to enter a new geographic market as well expand the number of outsourced IT services we can provide to our customers."
The acquisition means DataBank now spans three major central US markets. The company acquired VeriSpace in March 2013 to establish a presence in Minneapolis, Minn., and DataBank is famous for turning the Federal Reserve Bank office in Dallas, Texas, into a highly secure data center.
The company’s roots are in multi-tenant data centers, but it moved up the stack into managed services in July of 2013.
"DataBank is the perfect fit for Arsalon," Arsalon CEO Gary Hall said. "The synergies between the two companies were immediately apparent, and we are pleased to offer new markets and services to our existing client base."
DataBank now operates approximately 200,000 square feet of data center space in the Dallas, Kansas City and Minneapolis markets, providing cloud, storage, hosting and other managed services.
Brendan Scollans, partner of Avista Capital Partners, DataBank's private equity sponsor, added, "We are excited about gaining scale, adding a third market and broadening DataBank's managed services product set. Avista looks forward to supporting DataBank in its future organic and acquisition-related growth."
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