US data center firms Cyxtera and Evoque are rebranding under the new Centersquare moniker.
Cyxtera was acquired by Brookfield last year and is being combined with the investment firm’s other data center company, Evoque.
The new combined company – not to be confused with investment firm CentreSquare Investment, which invested in Aligned Data Centers this week – says it offers 400MW of capacity across 1. 9 million sq ft (176515 sqm) of space, with 200MW potential expansion capacity.
Evoque CEO Spencer Mullee has been appointed CEO of the new combined unit.
Mullee said: “The birth of Centersquare is more than a name change. It’s a reflection of our commitment to deliver enhanced capabilities and innovation. By combining the strengths of two industry leaders, we’re poised to provide unparalleled service, ensuring our customers benefit from increased capacity, diverse options, more flexibility, and unmatched reliability backed by our experienced team.”
The companies said the transition to Centersquare will be a “gradual, well-orchestrated process” concluding by summer 2024.
Cyxtera filed for Chapter 11 bankruptcy in June 2023. By November, the company announced a deal with Brookfield that will see the investment firm take over the colo provider, along with several leased data centers, for $775 million.
That deal, which included a number of data center sales, exits, and lease amendments, was completed in January - with Brookfield saying it planned to roll Cyxtera into its existing Evoque unit.
“With this launch, we bring to the market 320MW in over 50 data center locations, and an additional 100MW of near-term under-roof expansion areas, under the Centersquare banner,” added Udhay Mathialagan, chairman of the board at Centersquare and CEO, global data centers, Brookfield Infrastructure. “Rapidly building up this scale showcases our platform’s ability to partner with management to increase capacity, both organically and inorganically, to meet the diverse and growing demands of our customers."
Brookfield Infrastructure’s data center portfolio includes DCI Data Centers in APAC, Data4 in Europe, and Compass Data Centers in North America, among others.
Mitchell Fonseca, Centersquare chief operating officer [and formerly Cyxtera COO] added: “Our rebranding is not just cosmetic. It’s a strategic shift towards offering more sophisticated solutions while maintaining the expert service level that is our hallmark. We’re excited to embark on this journey, bringing our customers and partners along as we elevate our offerings to new heights.”
Brookfield formed Evoque in 2019 after acquiring AT&T’s data center and colocation assets. At the time of combination, it operated around a dozen facilities across the US. It exited its international facilities in 2022, leaving some ten sites.
Former Cyxtera CEO Nelson Fonseca left the company in January. He is now president of data centers at Cirion Technologies; Stonepeak’s LatAm-focused infrastructure business spun out of and acquired from Lumen in 2022.
