Carrier Connect closes St. John data centre acquisition

Executive Summary

• Carrier Connect Data Solutions Inc. has completed the acquisition of the principal business assets of the Saint John data centre operation from Carbon60 Operating Co. Ltd.
• The acquisition expands Carrier Connect's portfolio to five data centres, providing national coverage from Vancouver to Ontario and Atlantic Canada.
• The transaction was funded via cash payments totaling $1.75 million, subject to customary adjustments.

Key Details

• Transaction Structure: Asset purchase agreement dated February 27, 2026, between Carrier Connect Data Solutions Inc. (via wholly owned subsidiary PureColo Inc.) and Carbon60 Operating Co. Ltd.
• Assets Acquired: Principal business assets comprising the data centre operation located in Saint John, New Brunswick.
• Consideration:
  • $1.6 million paid in cash at closing.
  • Additional $150,000 payable three months following the closing date.
  • Amounts subject to customary adjustments for liabilities or payables incurred.
• Fees: No finders' fees were paid by either party.
• Strategic Impact: The acquisition brings the total number of managed data centres to five, expanding geographic coverage to include Atlantic Canada alongside existing facilities in Vancouver, Ottawa, and Perth, Australia.

Notable Quotes

• "We are very pleased to expand the Carrier Connect portfolio of data centres to New Brunswick, giving us national coverage from Vancouver to Ontario and into Atlantic Canada. With five data centres under management now, we can give our customers more choice for location than ever and increased scale also allows us to drive further efficiencies in delivering co-location data center services." — Mark Binns, Chief Executive Officer