RadiusDC, a data center solutions provider, announced it has reached an agreement to acquire phoenixNAP’s Phoenix data center and colocation business in Phoenix, Arizona. The acquisition covers the existing Phoenix colocation facility, its interconnection infrastructure, and rights for future campus expansion. RadiusDC plans to establish its Phoenix I campus by combining the operational data center with planned expansions supported by committed utility capacity.
According to a press release, 80 percent of phoenixNAP’s global business, including its Bare Metal Cloud and network service platforms, will remain independently owned and operated by phoenixNAP and its management team. phoenixNAP will also continue as a tenant in the Phoenix facility.
Mike Krza, CEO, RadiusDC, said, “The Phoenix facility adds a highly established interconnection ecosystem with a strong, diverse customer base and significant expansion capacity. By integrating this campus into our broader portfolio, we enhance our ability to deliver scalable infrastructure in key metropolitan markets while maintaining the operational continuity customers rely on today.”
Ian McClarty, President, phoenixNAP, said, “We are pleased to partner with RadiusDC on the transition of our Phoenix colocation business,this transaction allows phoenixNAP to focus on its core services while ensuring the facility continues to grow under an experienced data center operator.”
The deal is expected to close in the second quarter of 2026, pending regulatory approvals and customary closing conditions.
Following the closing, RadiusDC will expand the current facility, DC1, increasing IT power capacity to 8 MW. A second facility, DC2, is planned to support up to 18 MW of additional critical capacity, with initial phases expected to come online in the first half of 2028. Together, these projects would bring the Phoenix I campus to 26 MW of total critical IT power capacity.
The Phoenix campus will expand RadiusDC’s footprint in U.S. markets including Miami, Atlanta, Denver, Nashville, and Indianapolis. The company emphasizes combining established connectivity ecosystems with new development capacity in major metropolitan areas.
J.P. Morgan served as financial advisor to RadiusDC. Gibson Dunn & Crutcher LLP and Snell & Wilmer LLP provided legal counsel to RadiusDC, while BofA Securities advised phoenixNAP, with Cleary Gottlieb Steen & Hamilton LLP as its legal counsel.