Data102 + ColoHouse: Marking a Major Milestone in a Red-Hot Data Infrastructure Market
Congratulations to Data102—a former TechStrat client—on reaching another important milestone. Data102 first joined Quonix Group in 2019, a transaction where TechStrat served as exclusive M&A advisor. In the next chapter, ColoHouse (backed by Valterra Partners) subsequently acquired acquired Quonix Group—including Data102—adding facilities in Albany (NY), Philadelphia (PA), and Colorado Springs (CO) to its platform.
The move reflects a broader surge in demand for data centers, cloud processing, and AI resources. Power-constrained markets, capacity shortages, and accelerating AI workloads are pushing utilization and pricing higher across the sector. High-quality regional facilities like Data102’s are increasingly valuable to scaled platforms seeking to meet customers’ performance and latency needs.
Kudos to the Data102 and ColoHouse teams—we’re excited to see what’s next in this fast-growing corner of digital infrastructure.