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US Signal is acquiring OneNeck IT Solutions LLC and OneNeck Data Center Holdings LLC from TDS for an undisclosed sum. Madison, WI-based OneNeck serves "more than 1,000 customers across 45 states." #pressrelease
June 3, 2024
US Signal Company, LLC (US Signal), a leading digital infrastructure provider and portfolio company of Igneo Infrastructure Partners, has entered into a definitive agreement to acquire OneNeck IT Solutions LLC and OneNeck Data Center Holdings LLC (OneNeck) from Telephone and Data Systems, Inc. (NYSE: TDS), a provider of wireless, broadband, video, voice, hosted and managed services to U.S. businesses. The firms expect the transaction to close in the third quarter of 2024 subject to customary closing conditions. No terms were disclosed.
Headquartered in Madison, Wisconsin, OneNeck provides secure hybrid IT and multi-cloud solutions through data centers in six Western and Midwestern states. Serving more than 1,000 customers across 45 states, OneNeck caters to sectors including banking, education, engineering, food and beverage, government, healthcare, manufacturing, and retail.
Headquartered in Grand Rapids, Michigan, US Signal provides data center, connectivity, cloud hosting, colocation, data protection, and disaster recovery services to regional enterprise customers and large national telecommunications carriers. It operates a 9,500-route mile fiber network and has nine data centers across Michigan, Illinois, Indiana and Wisconsin.
The acquisition will:
Increase the number of US Signal data centers from nine to 15, quadrupling square footage
Extend US Signal's footprint to the West Coast with the addition of Phoenix, Arizona; Denver, Colorado; and Bend, Oregon data centers
Add OneNeck's Madison, Wisconsin; Minneapolis, Minnesota; and Des Moines, Iowa markets to US Signal's fiber network
More than triple commercial power under management
Read the full press release here.
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