Monday, February 23, 2015

Zayo Completes Latisys Buy

Boulder-based Zayo said this morning that it has completed its $675M acquisition of Latisys, the provider of colocation and infrastructure-as-a-service (IaaS). Zayo said the deal was funded by a previously announced, $700M offering of 6.00% senior unsecured notes due 2023. The acquisition adds eight new facilities to Zayo's zColo colocation arm. Zayo Group is led by Dan Caruso. Latisys was based in Englewood, Colorado.