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Qts Acquires Netherlands-Based Data Center Management Company Zentrys

Nov 07, 2023almost 2 years ago

Acquiring Company

QTS Data Centers

Acquired Company

Zentrys

Overland ParkSchiphol-RijkData CenterInformation TechnologySoftware

Description

QTS Data Centers, a leading provider of enterprise, hyperscale and government data center solutions, has acquired Zentrys, a Netherlands-based data center management and operations company. The transaction was finalized Oct. 31, 2023. Since QTS' acquisition of two data center sites in Groningen and Eemshaven, Netherlands in 2019, Zentrys has successfully operated the sites, providing premium customer service and local market expertise. The acquisition of Zentrys further supports the breadth of QTS' operating capability and builds a strong foundation to extend QTS' successful U.S. growth strategy into Europe.

Company Information

Company

QTS Data Centers

Location

Overland Park, Kansas, United States

About

QTS Realty Trust, LLC is a leading provider of data center solutions across a diverse footprint spanning more than 9 million square feet of owned mega scale data center space within North America and Europe. Through its software-defined technology platform, QTS is able to deliver secure, compliant infrastructure solutions, robust connectivity and premium customer service to leading hyperscale technology companies, enterprises, and government entities. QTS is a Blackstone portfolio company. Visit QTS at www.qtsdatacenters.com, call toll-free 877.QTS.DATA or follow on Twitter @DataCenters_QTS.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed