Q9 Networks Acquired by Consortium of PE Investors for C $1.1 Billion: CORRECTED

Canadian mega-deals are back! Q9 Networks, the Montreal-based provider of outsourced data centre Canadian mega-deals are back! Q9 Networks Inc., the Montreal-based provider of outsourced data centre infrastructure, announced the final close of its acquisition by BCE, Teachers', Providence Equity Partners, and Madison Dearborn Partners for $1.1 billion. This is also a major sponsor-to-sponsor deal, as Q9 Networks was previously acquired by Boston-based ABRY Partners in August 2008 for approximately $361 million.

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