Core Viewpoint - Carrier Connect Data Solutions Inc. has entered into a definitive share purchase agreement to acquire PureColo Inc., enhancing its portfolio of Tier II/III data centers and expanding its service offerings in the Ottawa region [1][4]. Acquisition Details - The acquisition involves the issuance of 4,606,704 common shares to PureColo's securityholders, with shares subject to escrow conditions released over 12 months [2]. - PureColo securityholders will also receive cash consideration of approximately $2,326,000, payable over nine months and subject to adjustments based on PureColo's debt covenants [3]. Financial Performance of PureColo - PureColo's unaudited revenue for 2025 is forecasted at approximately CAD 2.35 million, with a gross profit of around CAD 1.13 million (48% margin) and operational expenses estimated at CAD 1 million (46% margin) [5]. - The company serves about 60 customers across two data centers and is experiencing a year-over-year revenue growth of 28%, while being EBITDA positive [5]. Strategic Implications - The acquisition is expected to facilitate smooth integration and leverage opportunities in mid-market AI, which aligns with Carrier's strategy to expand its data center capabilities [6]. - Following the acquisition, Carrier will operate four data centers across three regions, enhancing its revenue base and expansion capacity [6]. Company Overview - Carrier Connect Data Solutions focuses on rolling up Tier II/III data centers internationally, providing co-location and data center solutions to various sectors, including AI companies and small businesses [7]. - The company operates in principal markets such as Vancouver, Canada, and Perth, Australia, serving clients with both primary and ancillary data center needs [7].

In today's Bloomberg Deals, we're looking at what could be the largest data-center acquisition of all-time, plus 3M considers asset sales and Uber is buying a startup https://t.co/F3nCvhn7XX ...