Element Critical, formerly known as CentralColo, has announced a comprehensive rebranding. The new brand reflects both the recent evolution of the company as well as its vision for the future, including a new corporate name and strategy. With facilities established in two of the most active data center markets in the country, Northern Virginia and Silicon Valley, Element Critical is charting a course for a national platform of mission-critical technology facilities in collaboration with its two private equity partners, Safanad and Industry Capital, who enable the platform with significant capital resources.
The record-breaking $10 billion in mergers and acquisitions in first half of 2017 continues to limit customer data center choices. In response to this lack of choice and the growing rigidity of many competitors, Element Critical will aggressively pursue an acquisition strategy to quickly add portfolio depth and deliver essential technology facilities with customized engineering, rapid deployments, vigilant operations and contractual flexibility. The company believes no two customers are identical because every workload requires a customized blend of critical “elements” such as density, security, networking, scalability, redundancy and customer service.
“We live in a world where one size doesn’t fit all and the combination of data center elements change more frequently than ever before,” states Ken Parent, CEO of Element Critical. “We’re designing solutions ranging from a customer moving a lab into a data center for the first time to hyperscale Artificial Intelligence companies requiring liquid cooling for their 30 to 45 kW racks. We’ve assembled an impressive roster of industry veterans who possess the vision necessary to execute upon a simple proposition – translate data center requirements into custom solutions for less than the big box providers.”
In the past year, Element Critical strengthened its sales, operations and finance organizations, and filled key leadership positions on the executive team, including Jason Green as CTO and Bryan Chong as senior vice president of sales and marketing. The company announced the $96 million acquisition of a 200,000-sq-ft data center in Vienna, Virginia, earlier this year and seeks to acquire two to three properties each year in key primary and secondary markets domestically, with an eye toward international expansion.