Antin buys 10 Pulsant data centres in the UK
UK data centre services firm Pulsant has been acquired by Antin Infrastructure Partners, which has bought it from joint owners Oak Hill Capital and Scottish Equity Partners.
The previous owners had controlled Pulsant since 2014. Terms of the transaction have not been disclosed.
Pulsant operates a nationwide network of ten data centres across the UK, delivering scalable cloud, colocation and networking services deployed in standardised or hybrid models. Its data centre locations include Reading, Milton Keynes, Newcastle and Edinburgh.
The company has over 1,000 UK private and public sector customers who use it to ensure the security, compliance and resilience of their business applications.
Antin Infrastructure Partners is a private equity firm specialising in critical infrastructure – it has also invested in CityFibre in the UK and Eurofiber in the Netherlands and Belgium.
Antin sees Pulsant, with its nationwide presence, as “uniquely well-placed to seize the huge potential for edge computing in the UK” and to “meet the growing demand for hybrid IT infrastructure”, it says.
Following the completion of the acquisition, Pulsant CEO Rob Coupland and CFO Brad Petzer will work with Antin to implement a growth strategy underpinned by further investment to “continue developing the company’s existing platform and network footprint”, said Antin.
Coupland said: “In partnership with Antin we now look forward to delivering on the considerable potential we see over the coming years, driven by our cloud and edge capabilities, our regional presence and our ability to deliver customised solutions.”
He said: “The new investment from Antin will help us continue to focus on our core portfolio of colocation and hybrid cloud, while also bringing reliable, scalable and high-capacity coverage to businesses across the whole of the UK through the building out of our nationwide edge computing platform.”
Simon Söder, partner at Antin Infrastructure Partners, added: “Through its network of regional data centres Pulsant is uniquely placed to support businesses across the UK with high quality flexible data centre and cloud infrastructure solutions.”