Carrier Connect Data Solutions Inc. Completes Acquisition of Saint John Data Center

Executive Summary

• Carrier Connect Data Solutions Inc. completed the acquisition of the Saint John Data Centre assets from Carbon60 Operating Co. Ltd. for cash consideration of $1.75 million (including a deferred payment).
• The purchase expands Carrier’s portfolio to five data centers, providing national coverage across Canada and enhancing service scale and efficiency.
• No finder's fees were paid in connection with the transaction.

Key Details

• Asset Purchased: Principal business assets comprising the Saint John Data Centre operation.
• Seller: Carbon60 Operating Co. Ltd., a provider of professional and managed services across multiple cloud platforms.
• Purchase Agreement: Asset Purchase Agreement dated February 27, 2026, executed by Carrier’s wholly‑owned subsidiary PureColo Inc.
• Consideration Paid:
• $1,600,000 cash paid at closing.
• Additional $150,000 payable three months after the closing date, subject to customary adjustments for liabilities or payables incurred.
• Financing Structure: Entirely cash‑based; no debt or equity issuance associated with this acquisition.
• Finders’ Fees: None were paid by either party.
• Strategic Impact:
• Increases Carrier’s data centre count to five, adding Atlantic Canada (New Brunswick) to its footprint (Vancouver, Ottawa, Saint John, Perth, Australia).
• Enhances national coverage from Vancouver to Ontario and into Atlantic Canada, offering customers greater location choice and potential operational efficiencies.

Notable Quotes

• Mark Binns, CEO: “We are very pleased to expand the Carrier Connect portfolio of data centers to New Brunswick giving us national coverage from Vancouver to Ontario and into Atlantic Canada. With 5 data centers 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 centre services.”