During a gold rush, you buy picks and shovels. That’s what EY’s dealmakers will be telling buyers as they bring Computer Room Solutions – which provides things like server racks, security caging, data hall ceilings and server containers to some of Australia’s largest data centre operators – to market.
Street Talk understands EY’s deal team has been appointed to sell the 18-year-old business which makes around $60 million revenue and $12 million at the earnings line. CRS was established in 2006 and is a one-stop-shop for technology systems design, manufacture and installation.
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Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com
Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review. Connect with Emma on Twitter. Email Emma at emma.rapaport@afr.com
