POSITION
REPORTS TO
DATE
LOCATION
WEBSITE
SEARCH CONTACT

CHIEF REVENUE OFFICER
Jeremy Pease, Chief Executive Officer
February 2025
Metro Market, North America
https://www.hivelocity.net/
Andy Lane @ CFS Partners
M/T   +1.414.807.4085
E   andy@criticalfacility.com

COMPANY OVERVIEW

With over 21 years in business, Hivelocity is a privately held company that delivers bare metal, private cloud, VPS hosting, and colocation solutions. With 40+ international locations across 6 continents, Hivelocity has the most locations in the industry. Since 2002, we have built our foundation around a world class network, 24/7 U.S.- based customer service, and enterprise-grade security.

Hivelocity’s philosophy has remained constant since day one: the success of our customers directly translates to our success. This unwavering commitment to customer-centricity has propelled them from that single rack of servers to managing over 50 world-class data centers across six continents. Today, they oversee tens of thousands of server deployments. Each of their data centers is SSAE-18 SOC1 and SOC2 certified, with HIPAA and PCI compliance also available.

In Q2 2024, Hivelocity was acquired by Colohouse. The combined strength of the two companies will provide customers with advanced private cloud offerings, fully integrated backup and disaster recovery services, and high-performance infrastructure optimized for mission-critical workloads. This integration expands Hivelocity’s capabilities and global footprint, enabling the company to offer a more comprehensive suite of enterprise-class solutions. With a reinforced executive team, the company aims to continue strengthening its market position.

“Our expanded global presence and enhanced service portfolio uniquely position us in the market,” said Jeremy Pease, CEO of Hivelocity. “We are committed to delivering innovative and customized solutions that meet the diverse needs of our customers.”

Hivelocity remains dedicated to its foundation of world-class network infrastructure, 24/7 U.S.-based customer service, and enterprise-grade security. As the company embarks on this new chapter, it reaffirms its commitment to helping businesses achieve their desired outcomes.

 

HISTORY

2021 represented a transformative year of growth for ColoHouse as their capital partners, Valterra Partners and 1547 Critical Systems Realty, executed the strategic acquisitions of five companies resulting in ColoHouse, an integrated platform of product, services, and leadership talent poised for continued growth and scale.

September 2021     Valterra Partners & 1547 Realty partner to acquire ColoHouse

September 2021     ColoHouse acquires Lume Cloud, a managed cloud services provider offering private cloud, edge data center, and hybrid infrastructure solutions

November 2021       ColoHouse acquires Quonix, Data 102, and Turnkey Internet Data Centers

January 2022           ColoHouse acquires Steadfast, a cloud, bare metal, and data center provider in the Midwest

October 2022          Jeremy Pease was hired as CEO to lead integration efforts, redefine the product and services set, and align GTM

April 2024          ColoHouse acquires Hivelocity, doubling the business size and accelerating systems, automation, and networking capabilities.

Today                        Over the past 10 months, integration efforts have been focused on continued efficiencies and synergies.

CHAPTER/CHARTER

Hivelocity’s business model strength lies in offering four primary service categories a unified and automated platform –

– Enterprise
– Bare Metal
– Colocation
– Private Cloud Hosting

Hivelocity’s competitive edge is based on automation, service unification, and cost-effective managed infrastructure. The charter is offering an automated, unified single pane of glass with the ability to add products and services as the customer requires to optimize cost performance and security. This solves the market demand of delivering great customer experiences instead of facing disparate, legacy, and manual systems which aggregate at a higher cost. Hivelocity is now positioned in a new stratosphere of technological capability and holistic product offering.

RDC originated with the acquisition of the 1500 Champa building in Denver, CO. 1500 Champa is one of the most highly interconnected carrier hotels and data centers in the Western U.S. region. The three-story building has approximately 138,000 square feet of data center and office space, and the potential to support up to 10 megawatts of power capacity.

Building upon this established foundation, RadiusDC announced its acquisition of Miami I, one of the most highly interconnected data centers in the South Florida market, located in Sweetwater, Florida. RadiusDC acquired Miami I from NextStream, a data center operator in Latin America owned by Actis.

Miami I is a two-story building with approximately 170,000 square feet of data center space constructed to withstand Category 5 hurricane winds. RDC anticipates Miami I has the potential to support more than 15 total megawatts (MW) of critical IT power capacity. The facility is a carrier-neutral, telecommunications-focused data center serving latency-sensitive workloads in South Florida, offering connectivity to European and South American markets. The building’s significant “meet-me-room” provides robust and scalable connectivity to 11 fiber optic and network service providers.

OFFERINGS & MANAGED SERVICES

Hivelocity is a fully-formed enterprise-grade private cloud platform providing 7,000+ customers a fully automated experience across all relevant compute environments. Large enterprises are increasingly adopting cloud computing technologies to streamline operations and ensure scalability, data storage, network capabilities, and data security. The combined platform offers a comprehensive product suite giving enterprise customers further flexibility to choose and adapt their IT infrastructure as needed — optimizing cost, performance, and compliance considerations.

DATA CENTER LOCATIONS

 

https://www.hivelocity.net/data-centers/

Spanning the globe, Hivelocity’s infrastructure allows you to reach 80% of the World’s Internet Population in under 25 Milliseconds across a world-class data center network covering 50+ data centers in 6 continents. With the rise of edge computing and the growing competition between service providers to provide fast, seamless, low latency content, location has never been more important. Whether you’re looking to keep your servers close to your company headquarters or spread around the world, Hivelocity has more high-end data centers in more key cities and global regions than anyone else.

MISSION, VISION, VALUES

Hivelocity provides a digital foundation that connects customers with impactful technology solutions and services in exceptional ways –

One Team, One Mission – We are one exceptional team on an extraordinary mission. No matter the problem, we come together as a collective group and find a way to deliver. We ask for help, and we offer help. Together, we produce exponential results. We win together, and we lose together. We lift each other up and do our part to be good teammates to one another.

People First – Our team is comprised of some of the hardest working employees in the IT infrastructure space, but we are people first. We understand that people are more than just a number or a title. We are real people with interests, families, and lives outside of work. We encourage people to thrive personally and professionally. We communicate respectfully and straightforwardly with one another.

Aim to Amaze – Our team believes in creating the best experience we can provide to our customers, vendors, partners and team members within the organization. Our team will go above and beyond to ensure every interaction with a member of the Hivelocity team is efficient and thoughtful, with a little bit of WOW sprinkled in.

LEADERSHIP TEAM

JEREMY PEASE

CEO

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JASON BURNETT

COO

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ROSS WOODHAM

CLO

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AARON PULLIN

CFO

LinkedIn Profile

Learn More About The Hivelocity Team >> https://www.hivelocity.net/about/our-team/

FINANCIAL PARTNERS

Founded in 2015, Valterra Partners is a private investment firm that provides partnership capital to infrastructure-adjacent businesses. Valterra invests primarily across three focus sectors including digital infrastructure, transportation and logistics, and recycling and renewables. Core to Valterra’s investment philosophy is partnering with best-in-class management teams in businesses that possess infrastructure-like characteristics but also come with an operations overlay where our capital and expertise can be utilized as a catalyst for growth. Post investment, Valterra works closely with management teams providing access to capital, strategic and operational expertise and access to a broad network of operating partners and industry contacts that can help transform a young business into an industry leader.
www.valterrapartners.com

fifteenfortyseven Critical Systems Realty (“1547 CSR”) is a leading developer and operator of custom-designed, world-class data centers with over 1.3M SF of data center space in Orangeburg, NY | Chicago, IL (2)| Cheyenne, WY | Portland, OR | Milwaukee, WI and, Kapolei, HI. With over 60 years of experience developing, renovating, and operating data center space, our depth of expertise uniquely positions 1547 to work with each client to develop the best strategy to meet their specific needs. We offer customers a variety of customized colocation configurations – from interconnections to one rack units to wholesale offerings, sale/leaseback, refurbishment, or construction of a purpose-built data center. Our focus is providing tenants with strategic, customized mission-critical solutions from concept through completion.
www.1547Realty.com

BOARD OF DIRECTORS

J. TODD RAYMOND

Exec Chairman of the Board
1547 Critical Systems Realty

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KEVIN REED

Valterra Partners

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COREY WELP

1547 Critical Systems Realty

LinkedIn Profile

SCOTT MACINTOSH

Valterra Partners

LinkedIn Profile

DREW REID

Valterra Partners

LinkedIn Profile

CLINT LOHMAN

Valterra Partners

LinkedIn Profile

CHIEF REVENUE OFFICER

Hivelocity is a global Infrastructure as a Service (IaaS) hosting platform serving increasingly complex IT Infrastructure outsourcing capacity requirements by offering large enterprises Colocation, Public & Private Cloud Services, Interconnection, and Bare Metal solutions. Hivelocity is revenue healthy, EBITDA positive, and capitalized for continued strategic acquisitions while continuing to grow their organic revenue pipeline.

Reporting to the CEO and Board, the Chief Revenue Officer will author and execute Hivelocity’s go-to-market strategy to achieve total revenue plans. This requires an accomplished sales and marketing leader with a demonstrated history of successfully delivering widely diversified and complex hybrid IT solutions to high technology and enterprise customers. The CRO will guide Hivelocity to achieve revenue objectives aligned with the senior leadership team in building a thought leading, progressive, world-class business. The CRO is expected to instill an environment of positive innovation and possibilities for Hivelocity and their customers. Hivelocity’s entrepreneurial, fast paced culture requires a servant leader to create an inspiring and innovative sales, marketing and customer service organization.

Hivelocity presents an experienced revenue acquisition leadership executive with an exceptional foundation to curate a next generation strategy in anticipation of growing enterprise market demands. The ideal CRO brings a successful history of M&A, integration, value creation, and some manner of event (recap, strategic sale, IPO) in a sponsor backed partnership environment. Hivelocity offers an extensive platform of hosted infrastructure solutions which all can grow in multiple directions. An experienced leader with a keen, strategic vision has a remarkable opportunity to steer these capabilities towards achieving maximum value creation.

Hivelocity is at a pivotal moment in its sales and marketing transformation, requiring strong leadership to drive structured sales and marketing execution. The CRO search is critical to achieving the next phase of revenue growth, focusing on outbound sales structure, cross-selling, and strategic customer engagement. The leadership team is open to bold moves and restructuring the sales function as required to meet the unified vision of growth and customer achievement.

DUTIES & RESPONSIBILITIES

Revenue and Customer Engagement

– The CRO is directly accountable for Hivelocity’s revenue creation and achieving agreed upon revenue performance benchmarks and milestones.

– Drive revenue growth through a mix of strategic selling, targeted marketing, ecommerce automated deployment growth and optimized team structure enabling channel partnerships and strategic alliances.

– Develop and implement sales infrastructure, systems, processes, procedures, sales enablement and KPI / metrics for success.

– Manage key client relationships to have clear plans for identifying white space/growth opportunities within the existing base. Also ensuring they actively participate in developing and closing strategic opportunities.

– Exceed client expectations by encouraging extreme customer orientation to reduce churn and enable install base revenue.

Strategy

– The CRO is expected to author a sophisticated GTM strategy inclusive of marketing plans that drive organic growth through multiple funnel building strategies (ie. hunting, farming, ecommerce, channel, alliances) to enable the company’s revenue goals achievement. While instilling confidence in the SLT, Board, and Investors in corporate value creation.

– The CRO will instill a strategic and outcome-oriented sales culture that asks their team to think ahead, look around corners, and effectively achieve healthy customer pipelines.

– Focus on profitable revenue. The CRO will focus on strategies and customers that represent profitable partnerships in the interest of achieving key EBITDA performance objectives.

– Identify mutually beneficial industry partnerships and alliances with progressive sustainability minded organizations driven with similar purpose and charters.

– Ensure accurate sales forecasting to ensure alignment with capital raise, allocation, and deployment plans. Define, analyze, and interpret key customer and revenue acquisition metrics to effectively track, manage and maximize team effectiveness.

– Establish successful sales and marketing campaigns that promote Hivelocity’s unique value proposition and purpose resulting in extreme customer engagement initiatives.

– Guide necessary adaptations to product and service offerings relative to market and ongoing demands for leading edge, next generation, and sustainable solutions. 

Executive Management

– Provide organizational leadership as a member of and collaborate extensively with the Hivelocity executive team aligning revenue acquisition with C-Suite considerations.

– Be an evangelist of Hivelocity in the industry across customers, prospects, partners, alliances at events promoting the brand and capabilities.

– Identify, recruit, acquire, organize, top grade and develop the sales and marketing team to overachieve relative to individual and corporate performance objectives.

– Maintain the highest level of professionalism and personal integrity in making decisions, maintaining citizenship, ensuring accuracy, and providing transparency.

– Promote Hivelocity as an earnest industry thought leader through demonstrated actions and activities. Encourage the team to make the right call, fail fast, and fail forward.

– Be the behavior you expect from your team. Break down effective go-to-market strategies related to each Hivelocity product and solution offering to a multi-faceted team.

 

KEY QUALIFYING CRITERIA

The CRO will be an accomplished revenue acquisition-oriented executive with demonstrated success building and managing overachieving teams. He/She will be a talent magnet to the organization by virtue of their sophisticated “chess not checkers” approach to the art of the deal.

Event –History of value creation with a sponsor through a significant growth chapter and ideally resulted in an event – strategic M&A, recapitalization, and/or IPO.

Strategic Impact – Extent of impacting a sales team’s strategy and execution which moved the value creation dial and positively altered the company’s success trajectory.

Enterprise Sales – Breadth of experience selling bare metal, cloud, colocation, and infrastructure services involving multi-product sales & cross-selling strategies in a strategic vs tactical manner.

Revenue –History of performance achieving / exceeding revenue targets in a high growth, complex, hybrid IT infrastructure solutions and services business. Knowledge and proven experience driving ecommerce revenue growth for online automated technology.

Customers – Extensive history and immersion working in the realm of Hivelocity’s existing and target prospect market inclusive of the ecommerce market. He/She will be referenceable, reliable, and credible across the market.

Reporting/Process – Clear processes for funnel management, opportunity qualification, and quote to cash lifecycle management with resulting reporting to the executive team, the board, and the organization consistently and reliably.

Culture – Preexisting alignment with Hivelocity’s genuine and earnest mission, vision, and values encouraging candor, transparency, and collective success.

Leadership – Successful history of and a passion for hiring and inspiring high performing revenue acquisition teams and aligning their motivations and capabilities to overachieve.

 

WHY CONSIDER THIS OPPORTUNITY WITH HIVELOCITY?

Kerosene – All the foundational IT platform elements, from a customer, product, service, and talent standpoint, are in place offering a myriad of opportunities for an experienced CRO to steer toward maximum value creation with efficiencies at scale.

Health – Hivelocity benefits from existing revenue growth along with heathy pipelines in all aspects of their integrated products and services to simply leverage, strengthen, and lengthen. Current NPS = 81, one of the highest in the industry.

Organic Growth – Dramatic opportunities to extend the existing organic revenue acquisition playbook resulting in net new revenue opportunities in addition to cross selling of colo, network, bare metal, and cloud to each individual acquisition’s legacy customer base.

Inorganic Growth – Valterra and 1547 continue their ‘value’ acquisitions search in new locations and expansive services that are accretive to the whole resulting in exponential growth.

Clay – Valterra and 1547 have curated strategic acquisitions and integrations offering the opportunity for a CRO and the Board to mold into their vision of a highly innovative, next generation enterprise IT outsourced services provider.

Multiplier – Acquiring and integrating smaller, regional players into a national platform generates topline synergies, network effects, cost savings, and ultimately a multiple uplift at scale. Significant % of existing customers are only consuming 1 business line.

Resources – Trusted partnership with Valterra Partners & 1547 Critical Systems Realty executives to manage investments, acquisitions, and integration growth resulting in increased future value.

 

COMPENSATION

The compensation package for the Chief Revenue Officer will include a highly competitive annual earnings opportunity comprised of a base salary, annual performance incentives, benefits, and long-term incentive compensation in the form of equity, the value of which he/she will dramatically influence.

 

SEARCH PROCESS

Following a thorough exchange of information relating to company information, resume, and key qualifying criteria, CFS Partners anticipates recommending a short list of candidates to Jeremy Pease, CEO in mid March 2025. We will down select to a short list to be introduced to Valterra Partners and members of the Senior Leadership Team before arranging finalist meetings in person. The selected finalist will be presented with a compelling offer contingent on clean reference and background checks.

For additional information or to schedule a time to connect, contact Andy Lane, Managing Partner at andy@criticalfacility.com.