Private Equity Firm Buys Peak 10

By Kimberly Koerth

**Editor’s Note: Please click here for a recap of the biggest channel-impacting mergers in Q1 2014.**

Peak 10 Inc. has been acquired from private equity firm GI Partners.

“This is a pivotal time in the IT infrastructure space,” said David Jones, Charlotte-based Peak 10’s president and CEO. “Our industry continues to experience dynamic change with shifts and enhancements to virtual environments and the promise of the cloud. GI Partners’ deep experience in value creation within our sector aligns with our aggressive plans to expand geographically and deliver new capabilities to the marketplace for companies who need a partner like Peak 10.”

Peak 10 provides hybrid IT infrastructure services including data-center services, private and enterprise cloud infrastructure, and managed services. The company operates 24 data centers in 10 key markets in the U.S., primarily serving midsize enterprises around the world.

Look for the merger to close by the end of June if it gets regulatory approval meets customary closing conditions.