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I Squared acquires Cogent assets to form Saragon

PRIVATEAug 25, 2026about 3 hours ago

Acquiring Company

I Squared Capital

Acquired Company

Cogent Communications Holdings

MiamiWashingtonFinanceInvestment ManagementHardware

Description

I Squared Capital has acquired 10 data centres from Cogent Communications, leading to the formation of Saragon. Saragon launches with operations in nine US markets. With plans for further expansion, Saragon aims to enhance its data centre capabilities. The transaction supports I Squared's strategy to invest in infrastructure.

Company Information

Company

I Squared Capital

Location

Miami, Florida, United States

About

I Squared Capital is a leading independent global infrastructure investment manager with over $38 billion in assets under management. It has a diverse portfolio of 82 companies with over 66,000 employees in 71 countries across the utilities, energy, digital infrastructure, transport, environmental infrastructure, and social infrastructure sectors, providing essential services to millions of people around the world.

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Predictive Intelligence
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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

Frequently asked

Who acquired Cogent Communications Holdings?

Cogent Communications Holdings was acquired by I Squared Capital, based in Miami. The deal was reported on August 25, 2026. I Squared Capital is a leading independent global infrastructure investment manager with over $38 billion in assets under management. I Squared Capital is privately held and operates in Finance.

When did I Squared Capital acquire Cogent Communications Holdings?

I Squared Capital's acquisition of Cogent Communications Holdings was reported on August 25, 2026. I Squared Capital has acquired 10 data centres from Cogent Communications, leading to the formation of Saragon. Saragon launches with operations in nine US markets. With plans for further expansion, Saragon aims to enhance its data centre capabilities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Cogent Communications Holdings do?

Cogent is a facilities-based provider of low cost, high speed Internet access and private network services to bandwidth intensive businesses. The company's all-optical IP network delivers services across 264 markets globally. It is publicly traded (CCOI), operating in Hardware, and is based in Washington.

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