Data Center Finance: North State Communications Acquires Stalwart

North State Communications announced in late June that it had signed a definitive agreement to acquire the assets of security firm Stalwart.

North State signed the deal in the hopes that the consulting and engineering expertise that comes with Stalwart, a leading IT security integrator, would help to enhance the company's security and operational efficiency. Back in 2011, North State acquired DataChambers, a colocation, cloud and disaster recovery service provider which the company hoped will expand its offerings. With the addition of Stalwart, North State is poised to become a major digital service provider.

"North State is extremely pleased to be gaining such a highly qualified and well-rounded IT security firm as Stalwart," said Royster Tucker III, CEO of North State Communications. "Their professional integrity and mastery of advanced threat protection are ideal counterparts for DataChambers' data center and cloud offerings. Bringing Stalwart onboard further fuels our strategic growth and helps round out our ability to effectively address some of the greatest IT challenges facing businesses today."

North Carolina data center investments paying off
Based in Charlotte, North Carolina, Stalwart has data centers and operational facilities in the same markets as both North State and DataChambers, creating more streamlined integration of customers and business partners. DataChambers CEO Nick Kottyan noted that the acquisition of Stalwart will be beneficial to the operation of the company's purpose built North Carolina data centers and will help provide customers in the area with the most advanced IT solutions in the region.

North Carolina data centers are more in demand than ever, with a growing number of companies relying on computing facilities in the state. Data center operators Peak 10 and Sentinel both recently expanded their service offerings in the area and major tech companies like Google are taking advantage of the data center tax incentives available in the state.

The terms of the deal were not disclosed, and North State Communications' acquisition of Stalwart is still subject to the customary closing conditions but is expected to be closed by the third quarter of 2015. Once the acquisition is completed, Stalwart will become a subsidiary of North State and will continue to be lead by the company's current CEO Bill Cooper.

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