365 Data Centers

Established in 2002 and headquartered in Norwalk, Connecticut, 365 Data Centers has carved a niche in providing hybrid data center solutions across twenty U.S. edge markets. The company's trajectory significantly shifted in 2017 when it was acquired by a new ownership group led by CEO Bob DeSantis and equity partners Lumerity Capital and Chirisa Investments. DeSantis, a seasoned executive with a rich background in technology, communications, finance, and law, previously co-founded Xand, a major data center operator in the Northeast. His expertise in acquiring and scaling businesses has been central to 365's strategy. The current ownership includes Stonecourt Capital, which acquired the company in 2020, with Lumerity Capital and DeSantis's Longboat Advisors retaining partnership positions.

The firm's business model centers on offering a comprehensive suite of Infrastructure-as-a-Service (IaaS) products from a single source. This strategy is designed to help organizations reduce capital expenditures, drive innovation, and improve customer experience by providing low-latency connectivity closer to the end-user. Revenue is generated by providing these hybrid IT solutions to a diverse client base of over 1,700, including carriers, content providers, and enterprises. A key component of its growth has been a disciplined acquisition strategy, which has included the purchase of Atlantic Metro Communications in 2020 and the U.S. colocation and network business of Sungard Availability Services in 2022. This latter acquisition significantly expanded its footprint, adding eight data centers and 400 customers.

365 Data Centers operates twenty carrier-neutral data centers that function as regional network hubs. These facilities are supplemented by a nationwide, low-latency fiber network. The core service is colocation, which provides secure and reliable space, power, and cooling for clients' IT infrastructure. Beyond colocation, the company offers a robust portfolio of services including network connectivity, internet access, cloud compute and storage, Disaster-Recovery-as-a-Service (DRaaS), Backup-as-a-Service (BaaS), and business continuity solutions. This integrated offering allows clients to procure a full stack of infrastructure services under a single contract, simplifying vendor management. The company guarantees high reliability with a 100% power uptime Service Level Agreement (SLA) and adheres to multiple industry compliance standards, including HIPAA, PCI DSS, SOC 2, and SSAE 18.

Keywords: data center colocation, hybrid IT solutions, edge markets, Infrastructure-as-a-Service, network connectivity, managed services, disaster recovery, cloud services, business continuity, fiber network