Dallas firm buys SLC's C7 Data

Dallas-based DataBank Ltd. has acquired C7 Data Centers, a data center service provider with headquarters in Salt Lake City. C7 operates three highly interconnected data centers in Utah, including its primary site in downtown Salt Lake City. It has a large established customer base of enterprise, carriers, content providers and cloud services providers.

Founded in 2000, C7 employs about 90 people in its Utah operations.

The acquisition gives DataBank a broader reach with existing portfolio companies in Minneapolis, Kansas City and Dallas. The acquisition represents the company’s first investment in the western United States.

“Entering a new strategic market like Salt Lake City represents a huge milestone for the company,” said Timothy Moore, CEO of DataBank.  “C7 has a strong reputation and is one of the leading providers of data center and IT services in the region. The C7 strategy, interconnection density and client base is similar to ours. We see this as a natural extension of DataBank’s vision that will help us with our customers as they continue to expand.”

“DataBank is a great fit for this market,” said Wes Swenson, CEO of C7 Data Centers.  “It was immediately apparent how they would benefit our existing client base. The combination of new markets and expertise will add incremental capabilities and expand our geographic service offerings.”

C7 Data Centers is a privately held Utah company and is focused on providing state-of-the-art, high-value and high-density multi-tenant data centers, delivering cloud, production and disaster recovery solutions to local, national and international businesses. C7 is the largest data center provider in Utah and is backed by Salt Lake City-based Signal Peak Ventures.