Valterra Partners, a private equity firm, and fifteenfortyseven Critical Systems Realty (1547 CSR), a developer and operator of data centers, today announced that they have acquired ColoHouse, a retail colocation and managed services provider based in Miami, Florida. Additionally, the Valterra transaction includes the acquisition of the former Green House Data colocation facility in Orangeburg, New York (located ~20 miles outside of Manhattan), which will be added to the ColoHouse portfolio.
Finally, ColoHouse will continue to be led by its current CEO, Paul Bint, under Valterra and 1547 CSR’s ownership.
Data Center Portfolio – ColoHouse
Following Valterra’s acquisition, ColoHouse will have a footprint of 15 locations in 8 different countries globally. However, these locations include both data centers that are operated by ColoHouse and points-of-presence (PoPs) at third-party facilities.
ColoHouse – Data Center Facilities
ColoHouse currently operates three facilities in Miami, New York, and the Netherlands, as outlined below:
- Miami: 24.0k sqft of area with access to 200 customers and over 20 on-net carriers via a meet-me room. Additionally, the facility has connectivity to Equinix Miami (NAP of the Americas), as well as public cloud service providers Amazon Web Services (AWS) and Microsoft Azure
- New York (Orangeburg): powered shell with 1.9 megawatts of critical IT load and 232k sqft of area. Additionally, the facility has a pre-approved, on-site 50-megawatt substation. Finally, the data center offers connectivity to major carriers including Zayo, Cogent Communications, and Verizon
- The Hague (Netherlands): capacity for 150+ racks across 4.0k sqft of area
ColoHouse – Points-of-Presence (PoPs)
ColoHouse’s 15 facilities and points-of-presence (PoPs) span four continents including North America, Europe, South America, and Asia.
- North America: Miami, New York (Orangeburg), Chicago
- Europe: The Hague (Netherlands), Amsterdam (Netherlands), Rotterdam (Netherlands), Delft (Netherlands), Zoetermeer (Netherlands), Spijkenisse (Netherlands), Frankfurt (Germany), Stockholm (Sweden), Bucharest (Romania), Limassol (Cyprus)
- South America: Lima (Peru)
- Asia: Hong Kong
Strategy for ColoHouse – Valterra Partners and 1547 CSR
Valterra Partners, the majority investor, and 1547 CSR, the minority partner, will provide ColoHouse with equity capital to add new sites to its portfolio and expand the company’s geographic reach. Importantly, Valterra Partners will leverage 1547 CSR’s data center development, site selection, and infrastructure management expertise to grow ColoHouse.
Most recently, 1547 CSR partnered with another private equity firm, Harrison Street, to acquire the Pittock Block internet exchange for $326m.