M&A
confidence high
sentiment positive
materiality 0.65
Cogent Communications closes sale of 10 data center facilities for $225M cash to I Squared Capital
COGENT COMMUNICATIONS HOLDINGS, INC.
- Aggregate purchase price of $225 million in cash.
- Buyer is a newly formed entity sponsored by I Squared Capital.
- Facilities located in Phoenix, Anaheim, Burbank, Stockton, Atlanta, Chicago, Elkridge, Kansas City, Nashville, and Houston.
- Closing occurred on June 29, 2026, as previously announced on May 22, 2026.