M&A
confidence high
sentiment positive
materiality 0.75
Cogent sells 10 data centers for $225M to I Squared Capital affiliate
COGENT COMMUNICATIONS HOLDINGS, INC.
- $225M cash sale of 10 data center facilities to an affiliate of I Squared Capital.
- Facilities located in Phoenix, Anaheim, Burbank, Stockton, Atlanta, Chicago, Elkridge, Kansas City, Nashville, and Houston.
- Closing expected on later of June 12, 2026 and HSR waiting period expiration.
- Cogent guarantees certain obligations of subsidiary seller under Purchase Agreement.
- Transaction includes customary representations, warranties, indemnities, and covenants.