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DataBank Closes Sale of Telecom Assets to Everstream

February 3, 2020

DataBank announces the closing of the sale of its LightBound fiber/telecom assets to Everstream, a business-only fiber network provider. The divestment follows DataBank’s October acquisition of LightBound, a colocation, Internet, voice, network and cloud services provider, which expanded DataBank’s portfolio of edge data centers with the addition of two enterprise-class facilities in the downtown Indy Telcom Center, the most densely interconnected location in the Indianapolis metro area.

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Wall Street Journal: DataBank Announces $185 Million Equity Investment from Colony Capital

January 6, 2020

DataBank, a leading provider of enterprise-class data center, connectivity and managed services, today announced that Colony Capital (NYSE: CLNY) has made a $185 million investment into DataBank through the purchase of secondary equity interests from existing investors Edgewater Funds and Allstate.

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