Midwest IT solutions provider Cosentry has acquired full-service managed data center provider Red Anvil. Cosentry bought all assets of the company, expanding its operations into the Milwaukee data center market. Terms of the deal were not disclosed.
Cosentry continues to build out its footprint in the Midwest. Its roots are in colocation, but the company has recently expanded into cloud services and hosting infrastructure. Its acquisition strategy this year has been to acquire strong managed services players in active Midwest data center markets.
Earlier this year it acquired managed services provider XIOLINK in St. Louis. The company now has nine data centers across five markets in the region: Kansas City, Milwaukee, Omaha, St. Louis and Sioux Falls, all of which Red Anvil customers now have easy access to.
Cosentry will interconnect Red Anvil’s data center with its other locations to provide high-speed, redundant backup and disaster recovery services. It will continue to offer Red Anvil’s complete set of services.
“Cosentry is well-known throughout the Midwest for its impressive data center and managed services,” said Neil Biondich, CEO of Red Anvil. “The combination of our services and customer support will enable our region’s businesses to take advantage of world-class business continuity, cloud, colocation and managed IT services right from their own hometown.”
The company anticipates expanding its current Milwaukee facility with a new full-service data center in the first half of 2015.
“Cosentry is excited to enter the Milwaukee market with the acquisition of Red Anvil, a data center provider who has established themselves as a regional leader over the last 10 years,” said Brad Hokamp, Cosentry’s CEO. “The combination of the two companies will give businesses in Milwaukee and the surrounding area access to world-class IT solutions and a great alternative to Chicago or larger city providers.”
The company completed a refinancing of its existing credit facilities last year that provided it with up to $100 million of capital for expansion.
Hokamp joined in 2013 with a vision to turn the company into a Midwest data center juggernaut. The industry veteran has in the past worked at Savvis, Telx and most recently Layered Tech, where he served as president.