Monday 27 March 2023

US-based hybrid IT company QuadraNet has acquired the commercial BlackMesh platform, a Content Management System hosting solution, from St. Louis-based cloud hosting services provider Contegix, the company said.

Terms of the deal were not disclosed.

Included in the transaction is the acquisition of Contegix's private cloud services and commercial CMS hosting customer base.

As a result, QuadraNet will expand its data centre presence in St. Louis, MO, and Reston, VA, bringing its footprint to 10 data centres in the US and will expand its range of hosting and managed services.

Financing for the transaction was provided by VSS Capital Partners. Layer 7 Capital acted as Contegix's exclusive financial advisor for this transaction.

QuadraNet is in hybrid IT hosting and data centre solutions.