What Compass Datacenters does

Compass Datacenters is a privately held wholesale data center developer and operator headquartered in Dallas, Texas, founded in 2011 by Chris Crosby to deliver customizable, scalable, sustainable, and cost-effective data centers on greenfield sites. The company designs, constructs, and operates hyperscale (36–360 MW) and cloud/SaaS (6–80 MW) data center campuses for global hyperscalers and cloud providers, with disclosed customers including Microsoft, Meta, Google, Amazon Web Services, and QTS, and active campuses in Texas, Virginia, Arizona, Illinois, Mississippi, Ohio, North Carolina, Ontario, Quebec, Ireland, and Italy. Its operating model is built around industrialized construction — a standardized "kit-of-parts" with approximately 85% of each facility manufactured off-site using precast concrete, modular power skids, MEP skids, and generators, achieving a record 37-day pad-to-shell delivery, ~18% embodied carbon reduction, and 25% build time reduction versus stick-built construction.

Underpinning the platform is a deep ecosystem of mutual co-development partnerships that function as embedded R&D and supply chain. Schneider Electric (a founding partner since 2011) co-developed the AI/IoT/ML predictive maintenance platform, co-locates a 110,000 sq ft manufacturing facility on Compass's Red Oak campus, and signed a $3 billion five-year agreement in December 2025 to manufacture prefabricated modular solutions. Vertiv co-developed the first-of-its-kind CoolPhase Flex hybrid air/liquid cooling system deployed at Phoenix. Siemens co-developed a modular medium-voltage power solution, and Cummins plus Foster Fuels enabled up to 85% reduction in backup-generator emissions via HVO biofuel.

The business model combines (1) long-cycle, multi-year hyperscale campus development and construction contracts (e.g., the disclosed $10 billion Meridian, Mississippi campus for Meta), (2) asset-backed structured financing of mature operating campuses (an $830 million ABS completed February 2026 with a Moody's Aaa-rated tranche — the first top rating for a data center ABS), and (3) recurring facility operations and managed services under multi-year hyperscaler agreements. Compass is owned by Brookfield Asset Management and Ontario Teachers' Pension Plan following a 2023 acquisition at a $5.5 billion valuation, with KKR agreeing in December 2025 to invest several billion dollars into operating data centers and future assets to fund new construction for AI-driven demand. The company operates without a public-facing pricing model — engagement is quote-based through a direct enterprise sales motion led by the Chief Customer Officer.

Name

Compass Datacenters

Legal name

Compass Datacenters LLC

Website

https://compassdatacenters.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

101–250 employees

Short description

Compass Datacenters is a wholesale data center developer and operator that builds industrialized, modular hyperscale (36–360 MW) and cloud (6–80 MW) campuses for global hyperscalers and cloud providers, using ~85% off-site prefabrication and co-developed power and cooling solutions from Schneider Electric, Vertiv, Siemens, and Cummins.

Ownership category

akta.pro rank

Product category

Hyperscale Data Center Infrastructure

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Facilities Support Management Services (8744)

akta.pro primary industry

Edge Colocation & Micro Data Centers (HDABACAI)

akta.pro secondary industries

Hyperscale Data Center Campuses (Build-to-Suit) (HDABACAC), Data Center Operations & Managed Services (Remote Hands, NOC/SOC) (HDABANAA), Prefabricated/Modular Data Center Infrastructure (Skids, PODs) (HDABAKAK)

Keywords

• Hyperscale data centers
• Modular data center construction
• Wholesale colocation services
• Prefabricated data centers
• Data center operations services

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Hyperscale campus development and construction: Long-cycle, large-scale capital projects for hyperscale customers (e.g., $10 billion campus in Meridian, Mississippi for Meta). Revenue is recognized as construction milestones are delivered under multi-year build contracts.
2. Asset-backed securitization of operating data centers: Compass completed an $830 million asset-backed securitization, with a $500 million tranche rated triple-A (Aaa) by Moody's. This represents structured financing of mature operating assets to recycle capital into new development.
3. Long-term data center operations and managed services: Ongoing facility operations, predictive maintenance, and managed services across operating campuses (e.g., Red Oak, Leesburg, Meridian), including technician training and full lifecycle support under multi-year hyperscaler agreements.
4. Strategic capital raises and portfolio partnerships with institutional investors: Capital sourced through Brookfield Asset Management, Ontario Teachers' Pension Plan (OTPP), and KKR — KKR agreed to invest in a portion of Compass's operating data centers and future assets to raise several billion dollars for new construction.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels9 records

Core offering

Compass Datacenters designs, builds, and operates dedicated hyperscale (36–360 MW) and cloud/SaaS (6–80 MW) data center campuses for enterprise customers using an industrialized, modular kit-of-parts construction model with approximately 85% off-site prefabrication. The company delivers turnkey campuses under multi-year contracts and provides long-term operations, predictive maintenance, and managed services across North America and Europe. Core customers include hyperscale cloud operators such as Microsoft, Meta, Google, and AWS.

Product overview

Compass Datacenters operates an integrated industrialized-construction platform rather than a single product: a standardized "kit of parts" design and off-site prefabrication model that powers two core physical data center offerings — Compass Hyperscale Data Centers (36–360 MW) and Compass Cloud Data Centers (6–80 MW) — under the "100-Year Campus" design framework. Layered on top of that platform are capability products developed with key partners, most notably the Vertiv CoolPhase Flex hybrid cooling system co-developed with Vertiv and the Compass Predictive Maintenance Platform co-built with Schneider Electric using AI/IoT, as well as the MEI Data Center Pathway workforce program. Together these offerings allow Compass to deliver customizable, sustainable, AI-ready data center capacity rapidly across multiple U.S. and international markets while leveraging the same supply chain, manufacturing approach, and partner ecosystem across every campus.

Differentiator

Problem solved

Functional benefit

Brands

• Vertiv CoolPhase Flex: Hybrid air-and-liquid cooling system for AI workloads co-developed by Compass Datacenters and Vertiv, with first deployment at Compass's Phoenix, Arizona campus in early 2024.
• Frontliners
• MEI Data Center Pathway Program

Products and services

• Compass Hyperscale Data Centers Standardized hyperscale data center campuses ranging from 36 MW to 360 MW, customizable for hyperscale customers and engineered for AI/GPU workloads with high power density and supply chain fungibility. Delivered to enterprise customers under multi-year build contracts.
• Compass Cloud Data Centers Cloud/SaaS data center facilities ranging from 6 MW to 80 MW, delivered as one- or two-story structures with one or two data halls and optional office and functional spaces. Built for cloud and SaaS providers needing smaller-footprint campuses with the same design options as Compass hyperscale facilities.
• Vertiv CoolPhase Flex Hybrid Cooling System First-of-its-kind hybrid air-and-liquid cooling system co-developed with Vertiv, packaged in a single unit that allows data centers to seamlessly switch between cooling methods based on workload demands for AI and traditional cloud applications. Deployed at Compass's Phoenix, AZ campus.
• MEI Data Center Pathway Program Intensive 12-week, 235-hour industry-aligned certification developed with Texas State Technical College that trains students in mechanical, electrical, and IT skills for data center operations careers, with graduates placed in technical roles within one month of completion.

Quantifiable outcome

• 40% reduction in manual on-site maintenance interventions and 20% reduction in operating expenses via AI-driven predictive maintenance
• +7 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature5 records

Partnerships

17 partnerships are on record, tiered core, flagship, minor and historical.

• SalutecoreStrategic or Co-development Partner · 1 January 2013Veteran-operated partner supporting veterans' transition from military service to data center operations. Compass began working with Salute in 2013; the relationship deepened when Compass expanded internationally in 2019 and continues to expand, with Salute staff supporting Compass's new Escalation Center.
• Schneider ElectricflagshipStrategic or Co-development Partner · 1 January 2011Founding partner since Compass's inception — produces the components that power Compass data centers, co-developed the integrated Schneider/Compass modularization and prefabrication facility at the Red Oak, Texas campus, and jointly developed AI predictive maintenance. A $3 billion multi-year (five-year) agreement announced December 2025 extends the partnership to manufacture and deliver prefabricated modular data center solutions, integrating supply chains and targeting hyperscalers, cloud, semiconductor, healthcare, and telecom sectors. 150+ modular solutions have already been delivered from Schneider's West Chester, Ohio facility.
• VertivflagshipStrategic or Co-development PartnerWater-free cooling partner since Compass's inception. Co-developed the first-of-its-kind Vertiv™ CoolPhase Flex hybrid cooling system integrating air and liquid cooling in a single packaged unit; deployed in early 2024 at Compass's Phoenix, AZ campus. Vertiv and Compass have also collaborated on hybrid-ready cooling strategies to scale thermal performance as AI workloads increase without costly retrofits.
• SiemenscoreStrategic or Co-development PartnerJointly developed a modular medium-voltage power solution that can be rapidly installed. Compass and Siemens technical teams collaborated closely on the design to improve deployment speed, safety, efficiency, and sustainability — reducing construction-related emissions, minimizing material waste, and limiting field exposure to high-voltage equipment.
• CumminscoreStrategic or Co-development PartnerLong-standing partner delivering reliable power backup for every Compass data center through the manufacture and maintenance of generators. Cummins and Compass jointly became among the first data center providers to use HVO biodiesel in generator operations to reduce greenhouse gas emissions.
• Foster FuelscoreStrategic or Co-development PartnerCollaboration enabled Compass to be an industry pioneer in reducing greenhouse gas emissions through the use of HVO biofuel to power on-site generators, reducing emission production by up to 85%.
• HinescoreStrategic or Co-development PartnerHines and Compass Datacenters active developers executing on the European opportunity through a 2.3 million square foot joint venture in Southern Europe, leveraging Hines's real estate platform and Compass's industrialized construction approach.
• U.S. Department of Energy — National Laboratory of the Rockies (Agora test bed)coreStrategic or Co-development PartnerIndustry partner alongside Schneider Electric and Verrus in the design and operation of Agora, the first-of-its-kind large-load grid integration test bed at the DOE's National Laboratory of the Rockies in Colorado, funded by the DOE's Office of Electricity.
• EPRI (Electric Power Research Institute) — DCFlex InitiativecoreStrategic or Co-development PartnerFounding member of EPRI's DCFlex (Data Center Flexible Load Initiative), a three-year collaboration with 15 founding members including Duke Energy, PG&E, Southern Co., Vistra Corp., NRG Energy, Google, Meta, NVIDIA, QTS Data Centers, PJM Interconnection, and ERCOT to establish 5-10 flexibility hubs demonstrating how data centers can serve as flexible grid resources.
• Southern CompanycoreStrategic or Co-development PartnerCompass Datacenters contracted with Southern Company alongside Google, Meta, and Microsoft for a combined 10 GW of large-load capacity to support data center power demand. Southern Company reported 42% YoY increase in data center power usage across its utilities in Q1 2026 and 28 large-load projects totaling 11 GW under contract.
• Duke EnergycoreStrategic or Co-development PartnerDuke Energy signed power purchase agreements with Microsoft and Compass Datacenters to supply electricity to data center complexes under construction in North Carolina, raising Duke's data center contracts to 4.5 GW. Compass and Microsoft are referenced alongside an undisclosed third tech customer.
• Texas State Technical College (TSTC)coreImplementation/ SI/ Consulting PartnerPartner in the MEI Data Center Pathway Program — a 235-hour, twelve-week intensive certification aligning with industry needs for HVAC, electrical, and IT skills. Compass donated a data center to TSTC for hands-on training. The program places graduates directly into technical roles.
• CBREminorImplementation/ SI/ Consulting PartnerIndustry partner in the MEI Data Center Pathway Program workforce-development initiative alongside Compass, Salute, Schneider Electric, Siemens, and Vertiv.
• OverwatchminorImplementation/ SI/ Consulting PartnerPartner with Salute and Compass to connect veterans with careers in data center operations, enabling application of military discipline and technical skills to roles operating America's digital infrastructure.
• Green Building Initiative (GBI)minorStrategic or Co-development PartnerCompass partnered with GBI to co-develop the Green Globes Data Center Campus Certification, establishing a new standard for sustainability in digital infrastructure. Sites in Dallas, Phoenix, Chicago, and Mississippi are set to be among the first to pursue certification.
• iMasons Climate AccordminorOthersCompass is a member of the iMasons Climate Accord, referenced as a sustainability commitment in company sustainability materials.
• QTS (former Prince William Digital Gateway joint venture)historicalStrategic or Co-development PartnerCompass and QTS had a joint venture to develop 2,100 acres of greenfield land in Prince William County, Virginia, into a multi-gigawatt data center campus comprising up to 37 buildings totaling approximately 23 million square feet. Compass withdrew from the project in April 2026 after courts voided zoning approvals; the partnership subsequently dissolved.

Scale indicators16 records

Recent moves11 records

Expansion highlights6 records

Broad incumbents

• Equinix: Equinix is the largest global colocation and interconnection data center operator, serving hyperscale and enterprise customers with multi-MW campuses. It is broader in scope and footprint than Compass but competes for the same hyperscaler and large enterprise build pipeline.
• Digital Realty Trust: Digital Realty operates one of the world's largest data center footprints with hyperscale and colocation offerings across the Americas, EMEA, and APAC. It is a direct competitor to Compass for hyperscale build contracts and is comparable in scale and customer profile, though more diversified across enterprise.

Direct peers

• CyrusOne: CyrusOne (owned by KKR and Global Infrastructure Partners) builds and operates hyperscale and enterprise data center campuses in the US and Europe. It is a direct peer to Compass, serving similar hyperscaler customers with large multi-MW campuses and competing for the same AI-driven build opportunities.
• QTS Data Centers (BlackRock): QTS, now owned by BlackRock, develops and operates hyperscale and enterprise data center campuses, and was Compass's JV partner on the abandoned Prince William Digital Gateway. It is one of the closest direct peers in scale, customer base, and product offering.
• EdgeConneX: EdgeConneX specializes in hyperscale and edge data center campuses with a strong focus on build-to-suit delivery for cloud and content providers. Its business model and target customer base closely overlap Compass's hyperscale offering.
• Vantage Data Centers: Vantage Data Centers, backed by DigitalBridge and others, develops and operates large-scale hyperscale and enterprise campuses across North America, EMEA, and APAC. It is a direct competitor for hyperscaler campus contracts, with a similar greenfield development model.
• Iron Mountain Data Centers: Iron Mountain operates a global data center portfolio serving hyperscale and enterprise customers, with colocation and build-to-suit campuses. Compass's CTO previously held a leadership role at Iron Mountain's IO Data Centers, and the two compete for similar hyperscale build opportunities.
• Stack Infrastructure: Stack Infrastructure (backed by IPI Partners) develops and operates hyperscale data center campuses in the US and abroad. It competes directly with Compass for hyperscaler campus deals and shares a similar wholesale, build-to-suit delivery approach.
• Switch (DigitalBridge): Switch, now part of DigitalBridge, designs, builds, and operates hyperscale and enterprise data centers with an emphasis on proprietary cooling and security technologies. It is a comparable specialized data center operator targeting similar hyperscale and enterprise customers.

Regional players

• GDS Holdings: GDS Holdings is a leading carrier-neutral hyperscale data center operator in China and Southeast Asia, with rapidly expanding international campuses. It is comparable to Compass in business model and hyperscale focus but primarily serves the Asia-Pacific market rather than North America.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/compassdcs
• YouTubeyoutube.com/user/TrulyModular
• Facebookfacebook.com/CompassDatacenters
• LinkedInlinkedin.com/company/compass-datacenters
• Instagraminstagram.com/compassdatacenters

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds6 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Compass Datacenters