T5 Services has announced a major structural reorganization, spinning out its construction arm as an independent company called EverOn Data Center Services and folding its operations division into Salute, a global data center lifecycle services firm.

Both transitions took effect on September 1, 2026, marking what the company described as the next phase of its strategic evolution.

A Construction Business Grown Beyond Its Origins

The rebranding of T5 Construction as EverOn Data Center Services reflects the scale that the business has reached over the past several years.

According to the company, revenue grew from USD 87 million in 2021 to USD 1.7 billion in 2025, with 83 percent of that revenue derived from third-party construction projects rather than work tied to T5 Data Centers' own portfolio.

Tom Mertz, who previously served as Chief Operating Officer and President of T5 Services, now takes the helm at EverOn as President and CEO.

In a statement accompanying the announcement, Mertz pointed to the depth of the third-party customer base as the driving logic behind independence. "Our growth to USD 1.7 billion in revenue, with 83% generated from third-party customers, reflects the strength of our team and the confidence leading developers and hyperscalers place in us," he said.

"EverOn gives us the opportunity to focus entirely on helping customers build increasingly complex digital infrastructure while creating the flexibility to grow alongside the industry we serve."

The company states that EverOn's team has collectively completed more than 260 construction projects, delivering more than 12 million square feet of data center space across the United States.

As a nationally licensed general contractor, EverOn's scope of services spans ground-up campus construction, data hall fit-outs, retrofits and upgrades, design-build delivery, long-lead equipment procurement, commissioning oversight, quality assurance and control, owner advisement, and preconstruction services.

What EverOn Brings to the Market

EverOn positions itself as exclusively focused on the data center construction sector, a specialization it argues sets it apart from broader general contractors.

The company says its nearly two decades of mission-critical experience, combined with a heritage rooted in ownership of operating data centers, shapes how its teams approach construction decisions.

The company specifically highlights capabilities in direct liquid cooling and high-density artificial intelligence infrastructure, as well as experience working within live, energized data center environments, a particularly complex and risk-sensitive area of the business.

By understanding how construction choices affect long-term commissioning, maintainability, and reliability, EverOn says it can help customers reduce execution risk and accelerate the time it takes to bring critical capacity into service.

The customer base EverOn now serves spans hyperscale cloud providers, real estate developers, enterprise customers, and AI infrastructure operators across North America.

T5 Operations Joins Salute

Simultaneously with the EverOn launch, T5 Services announced that T5 Operations has entered a definitive agreement to join Salute, which describes itself as a global leader in integrated data center lifecycle services.

Financial terms of the transaction were not disclosed. The move brings together two organizations operating in the data center facilities management and operational services space.

According to the announcement, the combination is intended to expand global capabilities, broaden geographic reach, and provide T5 Operations customers with access to greater technical resources and continued investment in operational excellence.

Salute framed the acquisition as a strengthening of its platform as the data center industry continues to accelerate, particularly in the context of artificial intelligence infrastructure demands.

Strategic Partnership to Continue Between the Two New Entities

Despite the split into separate organizational structures, EverOn and Salute are expected to maintain a working relationship.

The announcement describes the two companies as strategic partners going forward, with the intent that customers benefit from collaboration between construction and operations teams.

The stated goal of that partnership is to ensure that facilities are built with long-term operational performance in mind, aiming for faster time to market and operational readiness from the point of handover.

This arrangement reflects a recurring challenge in the data center industry: the gap between how a facility is built and how it is ultimately operated.

By maintaining coordination between the construction and operations sides of the business, EverOn and Salute say they aim to reduce friction at the transition point between project delivery and live operations.

Executive and Advisor Commentary

Pete Marin, CEO and Chairman of T5 Data Centers, described the dual announcement as a deliberate strategic decision rather than a forced separation.

"Our construction business has grown significantly beyond its original mandate, earning the trust of third-party developers and hyperscalers, and establishing EverOn gives that organization the independence and focus to continue scaling," Marin said.

He added that combining T5 Operations with Salute "creates an even stronger platform dedicated to helping customers maximize uptime and operational excellence."

On the advisory side, Lazard served as exclusive financial advisor to T5 Services on the transactions, with King and Spalding providing legal counsel. Simpson Thacher and Bartlett served as legal counsel to Salute.

Industry Backdrop

The reorganization comes against a backdrop of surging demand for data center construction and operations capacity, driven in large part by the buildout of artificial intelligence infrastructure.

Hyperscale cloud providers and AI-focused operators have been committing to substantial capital expenditure programs, creating sustained demand for specialized contractors and operators capable of delivering at scale and speed.

T5 Services framed both transitions as positioning the resulting organizations to capitalize on that demand while maintaining the continuity of personnel and execution capability that existing customers have relied upon.