ColoHouse boosts portfolio with Steadfast buy
News

ColoHouse boosts portfolio with Steadfast buy

colohouse acquisition.jpg

ColoHouse has snapped up cloud, bare metal, and data centre provider Steadfast, inclusive of three colocation facilities, enterprise-class cloud and hosting solutions.

The Chicago-based Steadfast is headed by CFO and interim CEO Paul Voswinkel (pictured right), and specialises in cloud, bare metal and data centre provision in the US Midwest.

The acquisition marks ColoHouse's fifth deal.

ColoHouse president, CEO and board member, Paul Bint (pictured left), said: “2021 was a busy year for ColoHouse. We are delighted to bring Paul Voswinkel and his team at Steadfast on board to reinforce an already powerful, robust IT platform across a diverse geographic footprint.

“Steadfast brings solid and complete cloud solution offerings to the ColoHouse portfolio, further enriching an already strong cloud portfolio. With this acquisition, ColoHouse adds two data centre locations in the most connected buildings in the Midwest - 725 S. Wells and 350 E. Cermak in Chicago. Additionally, we acquired Steadfast’s location in the Iron Mountain building in Edison, New Jersey.”

During 2021, ColoHouse added seven metropolitan locations in Dallas, Phoenix, Albany, Colorado Springs, Philadelphia, Chicago, and Edison, in addition to existing locations in Orangeburg, NY; Miami, FL; and The Hague, The Netherlands.

It also added cloud hubs in Atlanta and Phoenix, a virtual data centre platform and more than 1,500 bare metal clients.

Voswinkel said: “What ColoHouse is building is truly something no other company is doing in our space. The ColoHouse team has the vision to build a company that aligns with Steadfast’s motto, ‘We make IT work, so you can take care of business'.

“ColoHouse is bringing together best in breed digital infrastructure solutions to create a single IT provider that can deliver complete enterprise solutions. The Steadfast team, paired with the ColoHouse group, will be the most talented team in the industry specializing in products across the IT stack.”

The Steadfast acquisition followed ColoHouse's own acquisition, confirmed in June, which saw Valterra Partners and fifteenfortyseven Critical Systems Realty (1547 CSR) partner to buy the business for an undisclosed sum.

Gift this article