Greenberg Traurig Represents Clients in Acquiring 365 Data Centers

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A team from global law firm Greenberg Traurig, LLP successfully represented Chirisa Investments, Lumerity Capital LLC, and Longboat Advisors LLC, in acquiring 365 Data Centers, a leading provider of data center solutions for carriers, content providers, and cloud customers.

A team from global law firm Greenberg Traurig, LLP successfully represented Chirisa Investments, Lumerity Capital LLC, and Longboat Advisors LLC, in acquiring 365 Data Centers, a leading provider of data center solutions for carriers, content providers, and cloud customers. The three investors formed 365 Data Centers Holdings, LLC to consummate the acquisition.

The acquired facilities are located in Buffalo, Chicago, Detroit, Indianapolis, Nashville, Philadelphia, New York, and Tampa. There are 126,000 square feet of floor space and 9 MW of power are in place to serve customers in these markets, where the enterprise percentage of the data center spend exceeds the national average. The carrier, content, and cloud centric customer ecosystem residing within these eight facilities include 25 major carrier customers, which have 122 network PoPs providing access to national and international core internet nodes and peering points, and 20 million households, and many of the nation's top cable operators and other content providers. The Nashville and Tampa facilities also host their regions' internet exchanges while the Buffalo facility serves as a dominant carrier gateway to Canada. In addition, the Tampa facility is the primary carrier hotel in its region.

The Greenberg Traurig team included Corporate & Securities Shareholder Kemal Hawa and associates Emily G. Naughton and Christopher T. Turek.

About Greenberg Traurig's Corporate & Securities Practice

Greenberg Traurig’s Corporate & Securities Practice comprises more than 400 lawyers who advise public and privately held companies and investment funds on global mergers and acquisitions, corporate restructurings, private equity and venture capital, underwritten and syndicated offerings, commercial finance and syndicated lending, cross-border transactions, and general corporate matters. The group’s industry experience includes transactions in a wide range of fields, from the pharmaceutical, medical devices, and life sciences fields, to representations involving clients in the aviation, banking, energy, health care, manufacturing, technology, and telecommunications sectors.

About Greenberg Traurig, LLP

Greenberg Traurig, LLP (GTLaw) has more than 2,000 attorneys in 38 offices in the United States, Latin America, Europe, Asia and the Middle East and is celebrating its 50th anniversary. One firm worldwide, GTLaw has been recognized for its philanthropic giving, was named the second largest firm in the U.S. by Law360 in 2016, and among the Top 20 on the 2016 Am Law Global 100. Web: http://www.gtlaw.com Twitter: @GT_Law.

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Lourdes Brezo-Martinez
@GT_Law
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