Recently, Cosentry successfully completed the acquisition of Xiolink, St. Louis’ largest provider of managed IT infrastructure hosting services and data center colocation. Terms of the deal were not disclosed.
Cosentry is the Omaha-based data center services provider. With this acquisition, the firm will now become the biggest provider of IT infrastructure services in the Midwest. It will also be able to increase its total employee base by about 50 to about 210.
Officials have confirmed that the headquarters will remain in Omaha and Xiolink co-founder Mike Palmer will join Cosentry’s board of directors.
Commenting on the deal, Cosentry CEO Brad Hokamp (News - Alert) said: “Cosentry is growing on both fronts. The move gives Cosentry a data center presence in the St. Louis market and a “more robust” set of managed services capabilities that complement its colocation, cloud and help desk services.”
He further added: “We were attracted to Xiolink because St. Louis is a critical expansion market for our business.” He said all of the customers served by Xiolink are new to Cosentry but that many of the industries served are the same.
Cosentry, with offices in the Omaha, Kansas City and Sioux Falls, S.D., has been successful in helping midsize to enterprise-level businesses looking to outsource or complement their in-house IT capabilities.
Its clients include banks, hospitals, utilities and businesses with e-commerce operations, along with transportation and construction companies.
In a press statement, Xiolink CEO Brad Pittenger said, “Xiolink’s customers will benefit from Cosentry’s larger network of disaster recovery services and locations.”
In October 2013, TMCnet reported that Cosentry has hired Jason Black as the new Vice President of Data Center Services. In his new role, he will be managing all aspects of Cosentry’s network of data centers, the largest in the Midwest region.