Belgian infrastructure investment firm TINC has invested in local data center firm Datacenter United to fund its acquisition of DC Star.
The investment firm this week said it had invested "additional growth equity" totaling €5 million ($5.6m) in Datacenter United for purposes of "funding the partnership" between the company and DC Star.
Founded in 2011, Datacenter United operates three data centers across Belgium totaling 4,250 sqm (45,700 sq ft) and capacity for 880 racks; two in Antwerp and one in the Zaventem area of Brussels. The company is currently developing a 12,350 sqm (133,000 sq ft) Tier IV quality facility in Antwerp – which received design certification from the Uptime Institute last year.
“For our customers, this means that we can guarantee a better geographical spread and economies of scale. In this way, we are jointly laying the foundation for the digital economy of the future,” said Friso Haringsma, managing director of Datacenter United.
DC Star operates three facilities in Belgium in Gent, Burcht, and Oostkamp totaling 6.5MW. TINC said the combination of the two companies "results in a service provider with an increased regional presence throughout Flanders and Brussels and a strong product offering that meets the needs of a diversified customer base and forms the foundation of the digital economy of the future.”
Janjoris van der Lei, CEO of DC Star, said: "The increase in scale ensures that our team can deliver all aspects of the data center services with sufficient redundancy."
TINC invests in infrastructure including digital, energy, and rail and road projects. It has a large portfolio of wind and solar projects in Belgium and elsewhere in Europe. Datacenter United is the company’s only data center investment; the firm took a majority stake in the company in 2020 with a €12 million ($13.5m) investment.
