Compass Datacenters

Compass Datacenters LLC
TypePrivate
IndustryInternet
Founded2011; 15 years ago (2011)
FounderChris Crosby
HeadquartersDallas, Texas, US
Owner
Websitewww.compassdatacenters.com

Compass Datacenters LLC Is an American multinational data center company. It is a significant player in the hyperscale computing space, with approximately 17 active datacenter campuses in the US, and internationally in Canada and Israel.

Since 2023, the company has been controlled by the private equity arms of Ontario Teachers' Pension Plan and Brookfield Infrastructure Partners.

Compass' partners include Schneider Electric, Cummins, Foster Fuels, Vertiv and Salute.

History

Compass Datacenters was founded in 2011 by Chris Crosby, who previously was a senior vice president of Digital Realty with a focus on modular datacenters. In 2014, the company received a patent noting that they had created a truly modular datacenter.

Compass wholly owns a software-as-a-service company known as Radix IoT that specializes in datacenter management software.

Compass initially focused on US operations but eventually expanded abroad, specifically to Canada through the acquisition of ROOT datacenters in 2019 and to Israel directly through a partnership with Amazon Web Services. In the same time period Azrieli Group acquired a 20% stake in the organization. In 2023, the company acquired the former Sears HQ in Illinois to create a datacenter mega campus. On December 13, 2023, it was confirmed that the Compass Datacenters Prince William County project, one of the largest in the world, was set to go through after a 4–3 vote in favor of development.

On June 26, 2023, it was announced that Brookfield Infrastructure Partners and Ontario Teachers' Pension Plan had purchased the company.

References

  1. ↑ ReportLinker (June 28, 2022). "The Global Hyperscale data center market is expected to grow at a CAGR of 5.69% during 2022 to 2027". GlobeNewswire News Room (Press release). Archived from the original on December 8, 2023. Retrieved December 8, 2023.
  2. ↑ Combs, DeAnn (June 21, 2023). "And the winner is … Brookfield, Ontario Teachers Acquire Compass Datacenters". Inside Towers. Archived from the original on December 8, 2023. Retrieved December 8, 2023.
  3. ↑ "Brookfield and Ontario Teachers' acquire Compass Datacenters in $5.5 Billion Deal". Techerati. June 21, 2023. Archived from the original on December 8, 2023. Retrieved December 8, 2023.
  4. ↑ "Brookfield Increased Loan to Compass Ahead of $5.5 Billion Buyout". Bloomberg.com. June 27, 2023. Retrieved December 9, 2023.
  5. ↑ "Compass Datacenters Partners". Compass Datacenters. Archived from the original on October 15, 2026. Retrieved March 24, 2024.
  6. ↑ "Executive Insights: Chris Crosby". Data Center Frontier. September 18, 2015. Archived from the original on December 8, 2023. Retrieved December 8, 2023.
  7. ↑ US20140352231A1, JR, Christopher J. Crosby, "Truly modular building datacenter facility", issued December 4, 2014 Archived 2023-12-09 at the Wayback Machine
  8. ↑ "Radix IoT Platform Launch Poised to Disrupt the IoT Sector". Yahoo Finance. September 15, 2020. Archived from the original on March 31, 2024. Retrieved March 31, 2024.
  9. ↑ "Compass Buys Root, Enters Montreal Hyperscale Data Center Market". Data Center Knowledge | News and analysis for the data center industry. July 23, 2019. Archived from the original on December 8, 2023. Retrieved December 8, 2023.
  10. ↑ "Amazon in talks to set up data centers in Israel – Globes". www.spglobal.com. Archived from the original on December 8, 2023. Retrieved December 8, 2023.
  11. ↑ "Azrieli buying 20% stake in data centers firm Compass for $135M". www.spglobal.com. Archived from the original on September 1, 2024. Retrieved January 22, 2024.
  12. ↑ Staff, T. R. D. (September 17, 2023). "Sears Headquarters Sold to Compass Datacenters For $194 Million". The Real Deal. Archived from the original on September 27, 2024. Retrieved December 9, 2023.
  13. ↑ "Compass Datacenters acquires former Sears headquarters in Hoffman Estates". Chicago Tribune. September 13, 2023. Archived from the original on December 9, 2023. Retrieved December 9, 2023.
  14. ↑ Kelleher, Colleen (December 14, 2023). "Massive PW Digital Gateway Data Center Plan Approved in Prince William County". Northern Virginia Magazine. Archived from the original on December 21, 2023. Retrieved December 21, 2023.
  15. ↑ Turco, Rebecca (December 17, 2023). "'The fight is definitely not over': Prince William woman leads charge against data centers". WJLA. Archived from the original on December 21, 2023. Retrieved December 21, 2023.
  16. ↑ Writers, Jill Palermo and Peter Cary Times Staff (December 13, 2023). "BREAKING: Supervisors OK Digital Gateway". Prince William Times. Archived from the original on December 21, 2023. Retrieved December 21, 2023.
  17. ↑ "Brookfield and Ontario Teachers' Pension Plan secure Compass Datacenters acquisition". Benefits and Pensions Monitor. Archived from the original on December 17, 2023. Retrieved December 16, 2023.