Key Facts
- Founded: 2011 by Chris Crosby (former senior VP at Digital Realty with a modular data center background). He remains CEO.
- Headquarters: Dallas, Texas (14555 N. Dallas Parkway, Suite 125).
- Ownership: Acquired in 2023 by Brookfield Infrastructure Partners and Ontario Teachers’ Pension Plan (from prior owners including RedBird Capital Partners and Azrieli Group) in a deal valued around $5.5 billion. KKR is also listed among backers in more recent company descriptions.
- Business model: Emphasizes an “industrialized” or manufacturing-style approach. Roughly 85% of each data center is prefabricated off-site using a standardized kit-of-parts for faster, more predictable delivery, better quality control, lower risk, and improved safety versus traditional stick-built construction. The company promotes a “100-year campus” / long-term neighbor philosophy, community investment, low water use (closed-loop cooling), and sustainability metrics.
Markets and Scale
Compass develops multi-building campuses rather than one-off facilities. Active or developing sites (as of recent company information) include:
- Dallas–Fort Worth (major presence in Red Oak, Texas; campus expansion toward ~360 MW)
- Phoenix area (Goodyear ~212 MW, El Mirage ~108 MW)
- Chicago area (Hoffman Estates, former Sears headquarters site, ~200 MW)
- Northern Virginia (Loudoun County campus)
- Meridian, Mississippi (broke ground 2025, ~320 MW)
- Toronto area
- Milan, Italy
- Presence or projects historically noted in Israel and other locations
It has operated or developed on the order of ~16–17 campuses/sites with significant contracted capacity (hundreds of MW to over 1 GW range across the portfolio in recent descriptions).
Recent Activity and Positioning (2025–2026)
- Strong growth recognition (Inc. 5000 list multiple times; Financial Times fastest-growing companies ranking).
- Financing activity including asset-backed securities (ABS) deals tied to stabilized Phoenix and Toronto facilities and Red Oak campuses.
- Community-focused moves: $12.6 million building donation to Texas State Technical College for a data-center workforce training program (MEI pathway) in Red Oak; proposed $15 million contribution toward a new Ellis County animal shelter amid local data-center opposition.
- Partnerships with suppliers such as Schneider Electric (prefabricated white-space modules), Vertiv, and others for power, cooling, and modular solutions.
- Public stance on industry pushback: CEO Chris Crosby has argued against blanket bans/moratoria on data centers and in favor of higher, uniform standards for water use, grid impact, community benefits, and accountability (including recent comments aligned with Texas Gov. Abbott’s positions).
- Pulled out of the large Prince William Digital Gateway project in Virginia in 2026 amid prolonged local opposition and related challenges.
In short, Compass is a mid-to-large player in the hyperscale data center space that differentiates itself through standardized, prefabricated construction methods, institutional backing, and an explicit emphasis on long-term community partnership and operational sustainability. Its official site is compassdatacenters.com.
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