Carrier Connect Data Solutions Inc. (TSXV: CCDS) announced it has signed a definitive agreement to acquire Rochester Data Center assets from Rochester Colo LLC through its wholly owned subsidiary PureColo Inc.

Under the agreement, Carrier Connect will pay $250,000 in cash, of which $25,000 has already been paid as a deposit, and issue 800,000 common shares to Rochester Colo. The shares will be released in four equal tranches over 24 months following the closing.

Rochester Colo operates an enterprise-class, carrier-neutral data center in Rochester, New York, providing colocation and infrastructure services to customers across upstate New York and the Northeast. The facility currently generates approximately CAD $885,000 in annual recurring revenue and has more than 60% capacity available for expansion.

The acquisition is expected to increase Carrier Connect's revenue by 15-17% immediately upon closing, according to the company's press release. The transaction represents the company's first data center acquisition in the United States, expanding its portfolio to six data centers.

"We are thrilled to be adding our first US located data center into the portfolio, now numbering six data centers," said Mark Binns, CEO of Carrier Connect. "The immediate revenue growth is impactful, but having capacity to sell in New York and the US is equally exciting and will be a driver of growth in short order."

The closing is expected to occur on August 15, 2026, subject to customary closing conditions including acceptance by the TSX Venture Exchange. The transaction is structured as an arm's length deal with no finder's fees payable by either party.

Carrier Connect's existing operations include data centers in Vancouver, Ottawa and Saint John, Canada, and Perth, Australia.