Thursday Bytes: Tonaquint, TPx, INAP, Colt

July 9th, 2020 by · Leave a Comment

One bit of M&A, and three management changes worth keeping an eye on:

There was a bit of data center consolidation up in Idaho earlier this week.  Tonaquint Data Centers has completed the purchase of Fiberpipe Data Centers. Tonaquint operates a 28K square foot data center in St. George, Utah and offers services from colo to managed IT services to more than 400 enterprise customers in the Mountain West, while Fiberpipe operates a 45K square foot data center in Boise. The combination will give Tonaquint a complementary colo footprint with which to better serve customers in the region.

The managed services provider TPx has named a new CEO. Don Joos has taken the helm, effective immediately, succeeding interim CEO Joe Cozzolini who will shift back to the executive chairman role. Joos moves over from the CEO position at PGi, which is like TPx a portfolio company of Siris. He also previously led ShoreTel.

INAP has found itself a new chief financial officer. Lisa Mayr has been appointed as CFO and EVP, joining recently minted CEO Michael Sicoli in his efforts to turn the company around. Mayr had been CFO over at MicroStrategy and held the same role at EVERFI and Blackboard. INAP emerged from Chapter 11 in May with a new lease on life, and of course a healthier balance sheet.

And Colt Technology services has also added a fresh face to its management team. Paula Cogan has been named Chief Commercial Officer, effective immediately. Cogan moves up the ranks from the role of VP for Enterprise and Capital Market Sales which she has held for the past four years. She succeeds Keri Gilder, who was recently promoted to CEO of course.

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Categories: Datacenter · Jobs · Mergers and Acquisitions

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