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CoreSite Realty Corp.

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Year established

2001

Location

Denver CO US

Primary Industry

Business Support Services

About

Based in Colorado, US, and founded in 2001, CoreSite Realty Corp. (formerly CRG West) operates a data center for carriers that provides cloud, interconnection, and colocation solutions such as open cloud exchange, inter-site connectivity, and cage and cabinet colocation. Paul Szurek is the founder of the company. In February 2000, Carlyle Group acquired CoreSite Realty Corp. The company offers cloud, interconnection, colocation, and industry solutions to meet the digital-ready needs of today's ever-changing business requirements. The firm provides secure, reliable, high-performance cloud-enabled data center solutions to support the mission-critical IT infrastructure requirements of companies. The enterprise's data center design includes security, operations, compliance, power and cooling, and amenities. CoreSite's customers, service providers, and partners include 365DataCenters, Alibaba Cloud, ACI Solutions, AWS, CCT, Cogent, Microsoft Azure, Zayo, Zenlayer, and more. The organization generated revenue of USD 572.7 million and USD 606.8 million in 2019 and 2020 respectively.
Current Investors
Stonepeak

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Primary Industry
Business Support Services
Sub Industries
Data Centers, IT Infrastructure
Website
www.coresite.com
Verticals
Big Data, Blockchain
Company Stage
Mature
Total Amount Raised
Subscriber access only

Timeline of Key Events

TimeLine Events

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Deals

Deals Type
Growth
Trade Sale
Private Placement/Follow on
Private Placement/Follow on
Private Placement/Follow on
Deal Status Target (s) Deal Date Investor(s) Seller(s) Deal size (Mn) Enterprise value (Mn) Post-money valuation (Mn) EBITDA multiple (x) Revenue multiple (x) Lead partner (s)
Completed CoreSite Realty Corp. 28 Oct 2022
Completed CoreSite Realty Corp. 12 Nov 2021
Completed CoreSite Realty Corp. 03 Aug 2020
Completed CoreSite Realty Corp. 04 May 2020
Completed CoreSite Realty Corp. 30 Jul 2018
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