Amber acquires iseek data centre business

Amber acquires iseek data centre business


Investment manager Amber Infrastructure Group has acquired a majority stake in Australian data centre firm iseek - Amber's first Australian digital infrastructure investment.

iseek operates five purpose-built data centres across Brisbane, Northern Queensland and Sydney. Established in 2000, iseek also provides cloud and connectivity services to a diverse range of enterprise and government customers.

iseek’s existing management team, led by CEO and shareholder-founder Jason Gomersall, will continue to work with Amber to “take the platform on the next stage of its growth”, said Amber.

iseek adds to the digital investments Amber already manages globally, including Greenergy - a recently acquired data centre platform in Central and Eastern Europe - and as manager to the National Digital Infrastructure Fund in the UK.

Amber head of Asia-Pacific, Vaughan Wallace, said: “iseek presents an excellent investment opportunity to support a high-quality, local platform to grow its digital infrastructure service offering in markets underpinned by strong demand dynamics, which have been further amplified by the Covid-19 pandemic.”

CEO of iseek, Jason Gomersall, added: “The depth of Amber’s global expertise in digital infrastructure and track record as a long-term manager and developer of key infrastructure assets means they are an ideal partner for iseek as we pursue our next phase of growth.”

The value of the deal has not been disclosed. Amber is headquartered in London with offices in Europe, North America and Australia and manages over 150 investments.

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