Columbia West Capital News
10.01.12 CWC Closes $25 Million Raise for C7 Data Centers

Columbia West Capital ("CWC") is pleased to announce it has secured $25 million in debt and equity funding for C7 Data Centers ("C7"), a leading provider of advanced IT and data center outsourcing services. The new funding will enable C7 to expand its data center footprint and operations to meet the growth demands of existing and prospective clients.   

C7's burgeoning client base includes a variety of iconic brands from the financial, high-tech, medical and education industries which have embraced C7's client-centric approach while providing a secure, energy-efficient and  cost-effective data center experience. C7's rapid growth also reflects the attraction of their high-density data center designs, which capitalizes on the attractive power rates, fiber and connectivity infrastructure, limited natural disasters and a favorable business environment and accessibility that its Utah locations afford.  

Columbia West Capital served as the exclusive financial advisor to C7, considering both debt and equity alternatives before determining MCG Capital Corporation to be the best partner, possessing a deep understanding of the colocation market and offering the most flexible financing structure. "In a niche segment of a highly fragmented industry, CWC successfully sourced numerous quality capital sources with attractive pricing and terms. Their understanding of market conditions and deal dynamics was extremely helpful to us in identifying the right partner, and ultimately in getting the right deal done," said C7 CEO Wes Swenson.