DES MOINES, IA – July 17th, 2018 – LightEdge expands its geographical reach and redundancy and invests further into the company’s world-class compliant cloud solutions as it acquires Austin, Texas-based OnRamp.
“LightEdge is thrilled to announce the expansion of our secure and compliant hosting and colocation services through the acquisition of OnRamp. This combining of forces elevates the strategic vision we have been successfully executing for the past decade. OnRamp brings a tremendous group of skilled experts, HITRUST-certified data center facilities, and a proficiency in delivering leading compliance and security solutions that make them a natural fit with LightEdge,” said Jim Masterson, Chief Executive Officer at LightEdge.
With the emergence of the IT cloud paradigm, many mid-sized enterprises are trying to get out of the hardware business. They are seeking trusted partners that specialize in providing compliant infrastructure to meet increasing audit standards, enhance data security, and minimize business risk or downtime. This acquisition presents the perfect opportunity for LightEdge to expand and serve this national demand.
“LightEdge is an innovative and forward-thinking organization. I am confident they have the drive, ingenuity, and financial support to continue to propel the combined company into the forefront of the nation’s top hosting and compliant cloud providers,” said Lucas Braun, Chief Executive Officer for OnRamp. “Our two cultures and values are a great fit, which was important to us in making this decision.”
LightEdge and OnRamp both bring over 20 years of experience to the industry. They have built deep expertise in achieving the world’s top compliance and security standards for their operations and their customers by hosting complex workloads for highly-regulated sectors like healthcare, financial services, education, and manufacturing. DH Capital, LLC served as the exclusive financial advisor for OnRamp.
LightEdge currently owns four colocation facilities: two purpose-built data centers outside of Des Moines, Iowa, one facility within the underground mines of SubTropolis Technology Center in Kansas City, MO, and another recently opened data center in Omaha, Nebraska. Through this acquisition, LightEdge will now be able to expand their geographically-dispersed data center reach into Austin, Texas and Raleigh, North Carolina. This acquisition also puts LightEdge on the Electric Reliability Council of Texas (ERCOT) power grid, in addition to their presence on the Eastern grid. This dual-coverage and increased reliability will offer more value and flexibility for LightEdge customers.