With a vision of the growing need for highly secure, redundant, and connected multi-tenant data centers, QTS was founded in 2005 by Chad Williams, current QTS Chairman and CEO. Part of the Quality Group of Companies (QGC), QTS has quickly grown from a single, 35,000 square foot facility in 2005 to become one of the largest and fastest growing data center providers in the United States, owning, operating, and managing over 3.8 million square feet of secure, state-of-the-art data center infrastructure.
Founded in 1962, by Chad's father Mr. James L. Williams, the Quality Group of Companies (QGC) (www.qualitygc.com) is a diversified portfolio of companies with businesses operating in a wide range of industries including real estate development, architecture design, office furniture and vehicle leasing. Under Chad's leadership since 1988, QGC has continued to expand and build on its real estate development expertise. QGC has the knowledge, experience and vision to provide managed services for special use, mission-critical facilities such as Class A office buildings, archival storage, data center facilities and laboratories. The synergies across the QGC companies, including QTS, are a strategic advantage that both distinguishes and separates QTS from other market players.
Under Chad's leadership, QTS has grown through careful acquisition and disciplined development. Recognizing the importance of facility site and size, QTS has assembled a unique collection of data center facilities, and leveraged substantial development expertise to prepare each to fully support the needs of our customers. Whether you need custom data center, colocation, or cloud services solutions - QTS, an innovative industry leader, is ready with a proven solution.
Investment Partner - General Atlantic LLC
After decades of family ownership, in October 2009, QTS established an important investment partnership and accepted a $150 million investment from General Atlantic LLC (GA) to help fuel strategic growth objectives. In May, 2010 General Atlantic invested an additional $25 million based on performance and opportunities to spur additional growth.
General Atlantic is a leading global growth equity firm providing capital and strategic support for growth companies. GA combines a collaborative global approach, sector specific expertise, long term investment horizon and a deep understanding of growth drivers to partner with great management and build exceptional businesses worldwide.
Additional Institutional Investors Participate in Revolving Credit Facility
In, September, 2010 QTS closed on a new, $125 million credit facility secured by the QTS Atlanta Metro Data Center asset. The facility at that point provided for an according feature to increase the amount of the facility up to $250 million. The new revolving credit facility was arranged by Key Bank which also serves as administrative agent. The facility currently includes lead arranger KeyBanc Capital Markets and four additional financial institutions as participants, including Citibank, N.A.; Credit Suisse AG; Deutsche Bank Trust Company Americas; and Royal Bank of Canada.