GPs Back ‘Rock Star’ Managers to Amp Returns
Private equity investors are increasingly looking for seasoned, successful executives — so-called “rock stars” — to drive performance at their portfolio companies. RedBird Capital took it to the extreme with one recent deal, teaming with real-life rocker Jon Bon Jovi. RedBird last year teamed with Bruin Sports Capital and the National Football League to launch […]
TierPoint to Acquire Cosentry
Transaction Will Scale TierPoint’s Operations to 38 Data Centers Nationally in 24 Markets ST. LOUIS (January 20, 2016) – TierPoint, LLC, has signed a definitive agreement to acquire Cosentry, a rapidly growing provider of cloud, colocation and managed services based in Omaha, Nebraska. Cosentry currently operates nine data centers in several Midwest markets, including Omaha, Nebraska; […]
TierPoint Completes Acquisition of Windstream Hosted Solutions
Transaction Includes Strategic Partnership to Serve Enterprise Customers LITTLE ROCK, AR (December 18, 2015) – Windstream (NASDAQ: WIN), a leading provider of advanced network communications, announced today it has completed the sale of its data center business to TierPoint in an all-cash transaction valued at $575 million. Originally announced on October 19, the transaction includes an […]
Bon Jovi, NFL See Profit in an Intimate Fan Experience
Jon Bon Jovi Joins NFL, Bruin Sports Capital and RedBird Capital in on Location Experiences Partnership
Bon Jovi Strategic Investment and Runaway Tours Acquisition Marks On Location Experiences’ Expansion into Music and Entertainment Platforms NEW YORK – December 7, 2015 – On Location Experiences (previously NFL On Location), a premium experiential hospitality business jointly owned by RedBird Capital Partners, Bruin Sports Capital and the National Football League, today announced a creative partnership […]
On Location Experiences Appoints John Collins as Chief Executive Officer
Sports Industry Innovator Brings Strong Record of Success; Will Drive Expansion of Unique Experiences and Premium Hospitality Business NEW YORK – November 30, 2015 – On Location Experiences (previously “NFL On Location”), a premium experiential hospitality business owned by RedBird Capital Partners, Bruin Sports Capital and the National Football League, today announced that it has appointed […]
RedBird Capital Flies South With $35M For IaaS Focused N3
N3 Announces Investment by RedBird Capital Partners
ATLANTA, Nov. 2, 2015 – N3, a leader in B2B sales execution and demand generation for cloud and software providers, announced today that it has received a $35 million investment from RedBird Capital Partners LLC (“RedBird”). N3’s co-founder and CEO Jeff Laue, along with the existing management team, will continue to lead the business. The investment […]
Tierpoint Agrees to Acquire Windstream’s Data Center Business for $575 Million
Windstream remains committed to providing data center services for enterprise customers through strategic partnerships Release date: Oct. 19, 2015 LITTLE ROCK, Ark. – Windstream (NASDAQ: WIN), a leading provider of advanced network communications, today announced that it has entered into a definitive agreement with TierPoint, a leading national provider of cloud, colocation and managed services, […]
Tierpoint Acquires CXP Data Centers
St. Louis, MO (July 27, 2015) — TierPoint, LLC, today announced it has expanded its national data center footprint with the acquisition of CxP Data Centers based in Jacksonville, Florida. The 121,000 sq. ft. facility is the largest colocation facility in northeast Florida and will include approximately 65,000 sq. ft. of data center space once fully […]