Carrier Connect Data Solutions Completes Acquisition of Data Center and Related Assets From Rochester COLO
TSX.V: CCDS | OTCQB: CCDSF
Overview
Carrier Connect Data Solutions Inc. announced that it has completed its previously announced acquisition of a data center and related assets from Rochester Colo, LLC, a leading provider of colocation services in upstate New York, according to the company.
In connection with the acquisition, the company, along with its wholly owned subsidiary PureColo Inc., entered into an asset purchase agreement dated June 8, 2026 with Rochester COLO. Pursuant to the terms of the asset purchase agreement, the subsidiary or an affiliate of the subsidiary acquired the assets, according to the company.
Key Highlights
- The company issued 800,000 common shares in the capital of the company as consideration shares to Rochester COLO.
- The subsidiary paid or caused to be paid $250,000 in cash to Rochester COLO, of which $25,000 had previously been paid as a deposit.
- The consideration shares were escrowed and will be released in four equal tranches at 6, 12, 18 and 24 months following August 4, 2026.
- The acquisition is an arm's length transaction, and no finder's fees have been paid by either the company or Rochester COLO in connection with the acquisition.
- The company also announced the grant of an aggregate 60,000 incentive stock options to certain directors, officers, employees and consultants of the company in accordance with its stock option plan.
- The options are exercisable at a price of $1.12 until August 4, 2036, with 15,000 vesting at six months, 15,000 at twelve months, 15,000 at eighteen months, and 15,000 at twenty four months following the date of grant, all subject to applicable hold periods.
Strategic/Operational Context
Mark Binns, Chief Executive Officer of Carrier, commented, "We are thrilled to complete the acquisition of our first US based data center, and welcome our new US customer base to the Carrier Connect and PureColo family. Our Rochester acquisition establishes our wholly owned US subsidiary, PureColo USA, through which we intend to acquire further US assets and operations."
What to Watch Next
- The release of the consideration shares from escrow in four equal tranches at 6, 12, 18 and 24 months following August 4, 2026.
- The company's stated intention to acquire further US assets and operations through PureColo USA.
About Carrier Connect Data Solutions Inc.
Carrier's mission is to roll up Tier II/III data centers internationally that specialize in delivering co-location and data center solutions to AI companies, service providers, enterprises and small businesses. Data centers are the physical locations that store computing machines and their related hardware equipment, such as servers, data storage drives, and network equipment. As a carrier-neutral organization, Carrier's systems are fully independent and owned outright within its leased space. The current principal markets for the Company are Vancouver, Ottawa and Saint John, Canada, Rochester, New York and Perth, Australia, where it serves clients who use its facilities either as their primary data center or as an ancillary site depending on their needs.
Disclaimer and Forward-Looking Statements
The information contained herein is provided by ArcStone Financial Pulse Inc. ("ArcStone Financial Pulse"), a subsidiary of ArcStone Securities and Investments Corp. ("ArcStone"), for informational purposes only. It is not, and under no circumstances should it be construed as, an offer to sell or a solicitation of an offer to buy any securities or other financial instruments in any jurisdiction. This content is not a research report within the meaning of FINRA Rules 2241 or 2242 and does not constitute a research report under any applicable securities laws.
Certain statements contained herein may constitute "forward-looking statements" within the meaning of applicable Canadian and U.S. securities laws. Forward-looking statements are based on current expectations, estimates, and assumptions that involve known and unknown risks and uncertainties which may cause actual results or developments to differ materially from those expressed or implied. These statements often include words such as "anticipate," "believe," "expect," "intend," "may," "plan," "project," "should," "target," or similar expressions. Readers are cautioned not to place undue reliance on such statements, which speak only as of the date made. Except as required by law, ArcStone undertakes no obligation to update or revise any forward-looking information.
This content is not intended as investment advice or a recommendation to buy or sell any security and does not take into account the investment objectives, financial situation, or needs of any individual. Investors should consult their own professional advisors before making any investment decisions.
ArcStone Securities and Investments Corp. is not a registered broker-dealer and does not provide investment advice or recommendations. All registrable activities in the United States are conducted through ArcStone Securities, LLC (CRD# 306029) and/or Kingswood Capital Partners, LLC (CRD# 288898), both FINRA-registered broker-dealers, members SIPC. ArcStone Canada Inc. is not registered as a dealer in any Canadian jurisdiction; registrable dealing activities in Canada are conducted through appropriately registered affiliates.
ArcStone Kingswood is a DBA Office of Supervisory Jurisdiction (OSJ) of Kingswood Capital Partners, LLC (Member FINRA/SIPC) under which registered representatives of ArcStone Securities, LLC (Member FINRA/SIPC) and registered representatives of Kingswood Capital Partners, LLC conduct joint capital markets and investment banking activities. ArcStone Securities, LLC and Kingswood Capital Partners, LLC are parties to a written agreement governing the sharing of fees on transactions in which registered representatives of both firms participate. All securities transactions and investment banking services described in this article are conducted exclusively through ArcStone Securities, LLC and/or Kingswood Capital Partners, LLC; "ArcStone Kingswood" itself is not a registered broker-dealer or separate legal entity.
ArcStone Financial Pulse Inc. is owned by the same parent entity (ArcStone Securities and Investments Corp.) that owns ArcStone Securities, LLC. This common ownership, together with the joint operating relationship between ArcStone Securities, LLC and Kingswood Capital Partners, LLC under the ArcStone Kingswood DBA OSJ banner, represents a structural conflict of interest. The issuer featured in this article (the "Company") may be a current or former client of ArcStone or any of its subsidiaries and affiliates. Where ArcStone or its subsidiaries and affiliates have received or have been promised consideration for services provided to the Company, such consideration may include cash, stock, stock options, warrants, and/or Restricted Stock Units (RSUs) for the provision of corporate advisory, investor relations, digital media, or capital markets consulting services. This relationship represents a potential conflict of interest, as ArcStone may be perceived to have an incentive to present the Company in a favorable light. The principals, directors, officers, employees, and related entities of ArcStone and its affiliates may, from time to time, own, buy, or sell securities or derivatives of the Company or its affiliates.
