Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Quality Technology Services Said to Plan IPO

July 30 (Bloomberg) -- Quality Technology Services, the Kansas-based operator of data centers serving businesses and government agencies, is pursuing an initial public offering in the U.S., said people with knowledge of the matter.

The company is working with Goldman Sachs Group Inc., Jefferies Group LLC and other banks on an initial public offering, said the people, who asked not to be named because the process is private. Overland Park, Kansas-based QTS filed for the offering confidentially with U.S. regulators and may complete the sale this year, one of the people said.

QTS would join other providers of business-technology products and services such as Tableau Software Inc. and Marin Software Inc. in going public this year. CyrusOne Inc., a data-center owner and operator that raised about $361 million in a January IPO including an overallotment option, had gained 8.5 percent in trading through yesterday, data compiled by Bloomberg show.

Companies with annual sales of less than $1 billion can make IPO filings confidentially to U.S. regulators and release the information to the public nearer to the stock offering, according to the Jumpstart Our Business Startups Act.

QTS owns and operates more than 3.8 million square feet of data centers with 11 locations in seven states, according to its website. Greenwich, Connecticut-based investment firm General Atlantic LLC invested $150 million in the company in 2009.

Spokesmen at QTS, Goldman Sachs and Jefferies declined to comment. Adam Weiner, a representative for General Atlantic with Kekst & Co., said he couldn’t immediately comment.

To contact the reporter on this story: Lee Spears in New York at

To contact the editor responsible for this story: Jeffrey McCracken at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.